Seanad debates

Wednesday, 19 June 2024

Automatic Enrolment Retirement Savings System Bill 2024: Committee and Remaining Stages

 

10:30 am

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

Once money is given to a person, it is his or her money. It is in his or her pot. It is that person's pension pot. The money is a top-up for that person, so it becomes his or her property. That is what I mean when I say this is not State investment. This is for the members of the scheme. It is their money. It is not State money. That is why I said that.

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