Seanad debates

Thursday, 5 March 2009

Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage

 

4:00 pm

Photo of Shane RossShane Ross (Independent)

I do not care what the fund is called but we should decide whether it is an emergency fund. It is certainly no longer a pension fund. Senator Harris is correct in that regard. We should not borrow to put money into a saving fund because it is too expensive to do so.

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