Seanad debates

Thursday, 16 June 2011

Finance (No. 2) Bill 2011 (Certified Money Bill): Committee and Remaining Stages

 

4:00 am

Photo of Jimmy HarteJimmy Harte (Labour)

I welcome the Minister. I support Senator Crown's idea on having access to the pension fund. Perhaps it could be defined that the money must be used to pay off a mortgage on a private house rather than on speculative investments. I take the Opposition's view on the matter lightly because the reason pensions are being talked about so much today is due to the emphasis that was put on property. Governments in the past 15 years did not try to promote pensions in the same way they promoted property.

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