Dáil Éireann Debate, Wednesday - 19 January 2022
83. Deputy Brendan Griffin asked the Tánaiste and Minister for Enterprise, Trade and Employment further to Parliamentary Question No. 203 of 21 April 2021, the status of the review of the eligibility for the insolvency payment scheme; and if he will make a statement on the matter. [63448/21]
View answerAs previously advised, responsibility for the legislation governing the Insolvency Payments Scheme transferred to the Department of Enterprise, Trade & Employment from the Department of Social Protection in October 2020.
Officials in my Department are continuing to work on developing a mechanism through which a competent authority may determine that a state of insolvency arises, without requiring a formal wind-up process, and that monies due to employees may be claimed by them from the Social Insurance Fund.
The Deputy will appreciate there are complex cross-cutting issues involved and legislative amendments will be necessary. I assure you resolving this issue is a priority for the Department.
