Terry Leyden (Fianna Fail)

I request the Leader to arrange an early debate on pensions, particularly pertaining to the Bank of Ireland, where a second class scheme is proposed for new employees, while the chief executive of that bank receives €2.5 million per annum in addition to a significant pension scheme and perks. His pension is boosted regularly yet this second class scheme has been arranged. I join the Irish Bank Officials Association in condemning the move which has been brought before the labour court where we await the discussion. The second biggest bank in Ireland is proposing that new staff be afforded lesser conditions than those of existing staff and this move is against the best interests of employees. Customers of the Bank of Ireland should make known their positions on this matter to senior officials there. I feel this would be worthwhile because the issue of pensions could be an area for early debate in this House. I condemn the activities of the chief executive and board of governors of Bank of Ireland in this regard.