Seanad debates

Wednesday, 14 May 2003

Redundancy Payments Bill 2003: Second Stage.

 

Given all the changes taking place with regard to age profile within industry – the age at which people retire, the rapidity with which economic circumstances change, the change in classic company cycles and the need for simplification – it is important that legislation of this nature be kept under review. It is an important step forward, however, and I commend the Tánaiste for the quick and decisive action she has taken in this area because it will mean a great deal of help to many people. I hope the Bill will pass through both Houses, that it will receive early signature by the President and that it will be possible to implement it by the end of May.

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