Written answers

Tuesday, 27 July 2021

Department of Employment Affairs and Social Protection

Pensions Reform

Photo of Pádraig O'SullivanPádraig O'Sullivan (Cork North Central, Fianna Fail)
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1107. To ask the Minister for Employment Affairs and Social Protection when the Pensions Commission will finalise its report; if a timeline is in place for same; and if she will make a statement on the matter. [39361/21]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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The Pensions Commission was established in November 2020 to examine the sustainability of the State Pension system and the Social Insurance Fund, in fulfilment of a Programme for Government commitment. The Commission was also asked in its Terms of Reference to examine the issue of retirement ages in employment contracts that are set below the State Pension qualifying age, and how to further accommodate long-term carers in the State Pensions system.

This is a major and complex body of work. The Commission has had 17 meetings, and held a public consultation process including a Stakeholder Forum. Details of the Commission's work can be found on its website, pensionscommission.gov.ie.

The Chairperson of the Commission has written to me to advise that the Commission plans to meet at the end of July to finalise its draft report. Some time will also be required after that to complete the report's production.

I look forward to receiving the report in due course. I anticipate that I will bring the Report to Government shortly after the summer recess. The intention is to publish the report at that time. In accordance with the Programme for Government, the Government intends to take action having regard to the recommendations of the Commission within six months of receiving the report.

I hope this clarifies the matter for the Deputy.

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