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Wrong to demand pension payments for no benefits - Taoiseach

The Taoiseach says it's "morally wrong" to expect people to pay into pension schemes when they ma...
Newstalk
Newstalk

11.42 10 Jul 2013


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Wrong to demand pension paymen...

Wrong to demand pension payments for no benefits - Taoiseach

Newstalk
Newstalk

11.42 10 Jul 2013


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The Taoiseach says it's "morally wrong" to expect people to pay into pension schemes when they may never draw a benefit from them. 

And Enda Kenny says the taxpayer can't become the paymaster for schemes that "are going to go down".

He's admitted in the Dáil that the Government has yet to discuss submissions about what to do about defined benefit schemes that are in financial difficulty.

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The Taoiseach says previous governments are to blame for allowing this situation develop with light touch regulation and the coalition now needs to decide now what to do:


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