John Dardis (Progressive Democrats)

I welcome the Tánaiste in circumstances where there has been a significant leap forward in terms of providing adequate protection for those unfortunate enough to lose their jobs. I note that there will be a fourfold increase in entitlements for those under 41 years of age, from half a week to two weeks, and a twofold increase for those over 41 years, from one week to two weeks. By any standards, that is a quantum leap forward and one to be welcomed.

I wish to comment, as Senator O'Toole did, on the speed with which this measure has been implemented. It is characteristic of the Tánaiste's understanding of the difficulties in the area and the need to act quickly and effectively to deal with them. I note that the Bill was approved for drafting by the Government on 18 April, the text was approved on 30 April, the Bill was published on 7 May and it is intended to bring it into effect on 25 May following early signature by the President. By contrast with the timescale of the legislative process to which we have grown accustomed in the Houses, that is close to breaking the sound barrier or, perhaps, going to Mach two. It is extraordinarily speedy for the passage of legislation.

The review group made certain recommendations but did not reach consensus on the increase in the level of statutory redundancy payments and the size of the rebate. It was through the partnership agreement, Sustaining Progress, that the changes agreed by the review group were accepted. However, in addition, as the Tánaiste explained to the House, the distinction between service under and over 41 years of age would be removed, there would be two weeks' pay for every year of service, the bonus week would be retained and the rebate of 60% to the employer retained. All of these measures are to be welcomed.