Robert Troy (Longford-Westmeath, Fianna Fail)
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515. To ask the Minister for Social Protection the timeframe that companies must adhere to while going through the process of voluntary liquidation in order for employees to be paid their statutory redundancy entitlements; and if there is a strict timescale as to when all of the steps must be undertaken. [19902/17]

Leo Varadkar (Dublin West, Fine Gael)
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The Department of Social Protection administers the redundancy payments scheme. The purpose of the scheme is to compensate employees for the loss of their jobs where the employer is unable to pay statutory redundancy due to financial difficulties or insolvency. The scheme is funded from the Social Insurance Fund.

Where an employer can prove to the satisfaction of the Department that they are unable to pay statutory redundancy to their employees, the Department will make lump sum payments to the employees.

Claims for redundancy payments, signed by the employer and employee, must be submitted within 12 months of the date of termination of the person’s employment, as prescribed under Section 24 of the Redundancy Payments Acts, 1967, as amended by Section 12 of the Redundancy Payments Act, 1971.

I trust this clarifies the matter for the deputy.