Defined pension schemes
Deputy Brendan Howlin raises concern about the threat to defined pension schemes and mentions a possible consolidated Opposition Bill. The Taoiseach says the Government would consider it and suggests the Opposition spokespersons meet the Minister for Social Protection.
Last week, I raised an issue that is causing real concern among many workers and employers, namely, the threat posed to defined pension schemes. As I indicated, three Private Members' Bills have been drafted by the Opposition, one each from Fianna Fáil, Sinn Féin and the Labour Party. It is my understanding that the spokespersons of the three parties will meet this week to discuss a consolidated Bill. If the Opposition reaches a consensus, will the Government consider embracing this important issue and encompassing it in the proposed Social Welfare and Pensions Bill which will be due in the coming weeks?
Comment on this
That is a matter to which consideration would certainly be given. If an agreed position is reached among the three Opposition spokespersons, the Minister for Social Protection will need to reflect on that. In the event that they do agree, I suggest they meet the Minister to explain the nature of what it is they wish to have included in the Social Welfare and Pensions Bill.