Seanad debates
Thursday, 19 July 2012
Public Service Pensions (Single Scheme and Other Provisions) Bill 2011: Committee and Remaining Stages
12:00 pm
Brendan Howlin (Wexford, Labour)
I explained this in the other House when a similar amendment was tabled. The Senator supports the idea of indexing in reference to the consumer price index but he wants to remove the mechanism I have suggested and insert the words "Pensions payable under the scheme shall be indexed in line with the Consumer Price Index." The problem with that is it does not state the "how" or the "where". Is it the CPI which is published every month?
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