Dominic Hannigan (Labour)

I was concerned to see reports that PRSI contributions will not be enough in three years' time to pay for pension benefits and that the pensions system will move into deficit. The clock is running out in regard to what we do about our pensions. In 40 years' time, when many of us in this Chamber will hope to enjoy our retirement, there will be just two workers for every retiree. That compares to the current position of six workers for every retiree. This is particularly worrying because the IMF stated yesterday that growth rates for Ireland are not as good as it had hoped for and its forecasts for next year are also down. This will obviously compound the whole issue of how we pay for pensions. The latest green paper on pensions does not move the position on, it is more of the same. I note that the Minister for Social and Family Affairs, Deputy Cullen, said there is no cause for panic. I believe it is time we addressed the issue of pensions as a matter of urgency. I ask the Leader to convey my views to the Minister.

An independent report yesterday by the Telecoms research company, Telecompare, suggests that broadband costs in Ireland have increased by 25% in the past 12 months. That compares to reductions throughout the rest of Europe. We need to consider this in conjunction with yesterday's announcement by Babcock & Brown, who own Eircom, that they expect to see a re-evaluation of Eircom which will mean it is worth double its current value; that means a doubling in the price of shares. If shareholders are to gain we need to ensure customers do not lose out. Broadband access is essential for economic growth for inward development. I note the comments of the Minister for Communications, Energy and Natural Resources, Deputy Ryan, in today's newspapers that he wants to see a significant reduction in the cost of broadband to consumers. I ask the Leader to ask the Minister, Deputy Ryan, to come into the House and outline his proposals for a national broadband strategy.