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- Social Welfare and Pensions Bill 2005: Second Stage. (16 Feb 2005)
Willie Penrose: ..., the proportion of the workforce with pension cover has barely inched up from 51.2% to 52.4%, an imperceptible increase. It is clear from the pensions board figures that in a great many cases, the PRSA pension plan offered to workers remains an empty shell; there have been no employers' contributions and no take-up by workers. It should have been clear from the outset that placing a...
- Social Welfare and Pensions Bill 2005: Second Stage. (16 Feb 2005)
Séamus Brennan: ...is under-funded; an increase, from â¬4,000 to â¬10,000, in the transfer value in respect of which a certificate comparing potential benefits from the occupational pension scheme to those from the PRSA will not be required; and an increase from 15 days to 30 days in the cooling off period required when taking out a PRSA contract, which is in line with the period provided for with regard...