Search for prsa speaker:Ciarán Cannon (KildareStreet.com)

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Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011): Ciarán Cannon: I would just like to outline the context behind this amendment. These PRSAs were introduced in 2003 by the Pensions Board in an attempt to increase pension coverage across the whole working population. The idea was the lower paid and the self-employed would start making some provision for their pensions. The intention also was for PRSAs to supplement the State pension and to avert what...
Seanad: Finance Bill 2011 (Certified Money Bill): Committee Stage (Resumed) (29 Jan 2011): Ciarán Cannon: As the Minister might expect, I am not happy with that response. TASC produced a report on the success or otherwise of PRSAs only a couple of weeks ago. It concluded that the scheme has not been successful and there has been a high dropout rate. It was somewhat disconcerting to hear the Minister state earlier that - I apologise if I do not quote him accurately - sometimes a Minister for...

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