Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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153. To ask the Minister for Employment Affairs and Social Protection if the method of calculating contributary pensions will change in 2022; if retirees who would achieve a better pension payment under the current averaging system will be allowed to continue having that criteria and method used; and if she will make a statement on the matter. [47011/21]

Heather Humphreys (Cavan-Monaghan, Fine Gael)
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The Pensions Commission was established in November 2020 to examine sustainability and eligibility issues with the State Pension and the Social Insurance Fund, in fulfilment of a Programme for Government commitment.

The Commission has now concluded its work and has submitted its final report to me.  The report itself is extremely detailed, running to several hundred pages, and covers a range of complex matters in relation to the Pensions system which will require very careful consideration.  I will bring the report to Cabinet in the near future, after which the report will be published.  The Government is committed to taking action having regard to the recommendations of the Commission within six months.

I hope this clarifies the matter for the Deputy at this time.