Seanad debates

Wednesday, 31 October 2007

Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages

 

1:00 pm

Photo of Liam TwomeyLiam Twomey (Fine Gael)

There is a retrospective element to this section in the sense that any Minister who served less than three years but more than two years prior to 1993 could also be in line for a pension. Obviously that comes into the equation as well as what we have discussed. The motivation behind all this is quite specific in that one is looking after ministerial pensions and not just for the former Minister, Deputy Woods, whom it may be unfair to name. There may be a few more who will come out of the woodwork, especially those who served less than three years and more than two years.

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