David Stanton (Cork East, Fine Gael)
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Question 337: To ask the Minister for Social and Family Affairs further to Parliamentary Question No. 114 of 26 June 2007 if work on the Green Paper on Pensions has been completed; if not, when the Green Paper will be finalised; and if he will make a statement on the matter. [18869/07]

Martin Cullen (Waterford, Fianna Fail)
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The Government is committed to producing a Green Paper on pensions in accordance with the partnership agreement "Towards 2016". A draft has been completed by my Department in co-operation with the Departments of the Taoiseach, Finance, Enterprise, Trade and Employment, and the Pensions Board and this was submitted to the Government in April for its consideration.

The development of an adequate and sustainable pension system is one of the major issues facing the country with serious implications for both the economic future of the country and the well-being of older people. Accordingly, it is important that the matter receive careful and detailed consideration. It is my intention to progress the Green Paper to finalisation as soon as I have completed my own consideration of the current draft.