Seanad debates

Wednesday, 14 May 2003

Redundancy Payments Bill 2003: Second Stage.

 

On 18 February 2003, the Government approved the drafting of a Bill, on a priority basis, to give effect to the new enhanced redundancy payments scheme. The Government decision also approved the provision of a sum of around €1 million, to cover the cost of supporting IT, the funding of administration costs and operational overheads – including the enhancement of supporting IT – to be made from the social insurance fund, with arrangements to be put in place with the Departments of Finance and Social and Family Affairs. The Government also agreed to amend the Protection of Employees (Employers' Insolvency) Acts 1984 to 2001 to enable employees of insolvent companies to make claims for minimum notice entitlements under the insolvency payments scheme without having to obtain an award from the Employment Appeals Tribunal.

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