Jim Walsh (Fianna Fail) | Oireachtas source

I move amendment No. 10:

In page 4, between lines 8 and 9, to insert the following:“5. Section 48 of the Principal Act is amended by inserting the following after subsection (1A):

“(1AA) No member of a defined benefit scheme shall be obliged to purchase annuities where he or she opts for an ARF or an AMRF or both.”.”.

This amendment relates to the same matter as amendment No. 9. Annuities represent poor value.