The Taoiseach’s attempts in the Dáil today to gloss over his Government’s unprecedented raid on private pensions by rebranding it a “solidarity contribution” will not wash with the public, according to Fianna Fáil spokesperson on Environment, Community and Local Government Niall Collins TD.
Deputy Collins commented, “If the Taoiseach Enda Kenny thinks he can get away with pretending that his levy on private pensions amounts to a gesture of “solidarity” from the public, he is grossly mistaken. Let’s call this what it is: an ill-prepared and ill-thought-out attack on private pension funds which penalises tens of thousands of people and undermines all of the work that has been done to encourage workers to save for their own retirement.
“I am certain that those who are facing cuts to their pension payments as a result of this levy are not doing so out of “solidarity” with the Fine Gael/Labour Government. The Taoiseach’s patronising comments in the Dáil today belittle the concern that private pension holders now feel as a result of this unprecedented action.
“The ease with which Fine Gael and Labour have abandoned their pre-election rhetoric and their ability to come up with new ways to extract money from citizens begs the question, what other “solidarity contributions” is this Government planning?”