Irish Water borrowing and pensions
Pearse Doherty challenges Irish Water’s proposed borrowing above the statutory limit and asks whether legislation will be amended, while also raising political-pension eligibility. The Ceann Comhairle rules the matters outside the promised-legislation business; the Taoiseach says Irish Water’s investment plan is lawful.
I have two questions. Irish Water has published its seven-year business plan. It stated in a presentation that it would raise €3 billion through borrowing. Clearly, this is unlawful, as the House passed the Water Services (No. 2) Act 2013, section 35 of which states that Irish Water can only have a combined debt of €2 billion at any given time. What does the Taoiseach propose to do? Does he propose to ask Irish Water to produce a plan that remains within the law of the State?
Comment on this
It is. Is the Taoiseach seeking to amend the Water Services (No. 2) Act to allow Irish Water to raise additional debt? The rate was set at €500,000 and the current law states it is €2 billion. Is the Taoiseach intending to-----
Comment on this
-----amend the legislation to allow Irish Water to comply with the law?
My second question concerns a commitment in the programme for Government. The last time I asked the Taoiseach about the matter he said he would refer to the advice of the Attorney General. There is a clear commitment that no retired politician will get a political pension until the national retirement age. Many politicians are seeking to retire and many will be forced to retire when the electorate get their hands on them during the election, whenever that takes place. Is it the case that those who were in office prior to 2004-----
Comment on this
-----will still be entitled to a political pension as long as they reach 50 years of age or-----
Comment on this
Will legislation be needed to bring forward the commitment that remains-----
Comment on this
-----in the programme for Government to bring this about?
Comment on this
No, there is no promised legislation. It is about promised legislation. I have to be fair to everybody. If I cut off one person, I have to cut off everybody if they are not adhering to the Order of Business.
Comment on this
A Cheann Comhairle, Irish Water has produced a plan that is unlawful at this point in time.
Comment on this
That shows the farce of Irish Water, that it is not a matter for Dáil Éireann.
Comment on this
The question is that we have a State agency which is producing a plan which is unlawful. Irish Water has stated in its report that there is a proposal before the Minister.
Comment on this
Is the Government planning to introduce-----
Comment on this
The question I have is whether the Minister is planning to introduce an amendment to the Water Services Act because in a presentation to me, Irish Water said-----
Comment on this
-----it will raise the debt to €3 billion which is clearly unlawful.
Comment on this
So it will remain unlawful in terms of its plan.