Results 1,021-1,040 of 6,627 for speaker:Rose Conway-Walsh
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: Would it not be more than a third when you consider tax and PRSI?
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: But you are only looking at cost in this paper and saying €4.2 billion. Would you not look at the cost of just over €2 billion with the tax and PRSI?
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: Yes. What I am saying, however, is that there are very serious conclusions drawn from this very short report. I think it is important that there are not too many nuances. Obviously, you have to have certain assumptions in any paper but the assumptions just seem to point towards a headline of €20 billion. I want to go through some other specifics here on pensions. The report...
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: So is Professor FitzGerald saying the €3.8 billion does not include occupational pensions?
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: That does not come across in the paper.
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: That does not come through there. The estimated cost of increasing public pensions, that is contributory and non-contributory, to southern rates from year one would be €450 million not €3.8 billion. That is based on the fact that there would be 390,000 pensioners moving from British pension rates to the rates that apply in the South. The top-up would cost €1,040 per...
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: We know that. However, part of the problem again is that people see this short paper. Obviously, newspapers and editors are busy. They do not go back to what was outlined in previous papers. They look for the headline figure.
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: I am very familiar with it, having lived there. Our guests assume that Britain would walk away without paying a penny towards pensions despite the huge reputational damage that would be done . Even in those circumstances, they assume that the Irish Government would still pay nearly €2 billion per annum in British debt for which it does not have a legal liability, does it?
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: London had the power to do it at that time. Is Professor FitzGerald saying it does not have the power to do it now?
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: I saw them.
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: There are about 110,000 English people living here and many of them are on British pensions. They get them directly from Britain.
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: At no cost to the State.
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: All right. I have a number of other areas to cover. We make the assumption, as do the professors, that things will stay the same. If we look at the duplication of services we have had since partition, there would obviously not be two services across the island. This would happen over time. Is there a calculation of what benefits would come from that, what would be saved due to that and...
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: Yes, but obviously when we look at all this we are not doing so over a short term. We are not looking at it over a one-, two- or five-year period. We are looking at it-----
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: This is part of the problem in the assumptions. I wanted to mention it because this is a hugely important conversation. Dr. Adele Bergin and Dr. Seamus McGuinness have done many papers, but they made a key point in their recent one. They argued that necessary planning and preparation goes well beyond the use of frameworks and requires the use of macroeconomics and micro-simulation tools to...
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: Yes, I know.
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: I have one short point to make. Does Professor Morgenroth want to answer my previous question? I really want to talk about the NEETS category as well.
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: I know that.
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: Yes. It is a different thing and we have not time today to go into it.
- Joint Oireachtas Committee on the Implementation of the Good Friday Agreement: All-Ireland Economy: Discussion (Resumed) (2 May 2024)
Rose Conway-Walsh: Nobody is expecting a miracle, but we are expecting practicality.