The Government intends to introduce a Total Contributions Approach (TCA) to establishing the level of entitlement for all new state pension contributory claims from 2020 onwards (TCA2020).
I launched a public consultation on the design of the full TCA to be introduced from 2020 on the 28th of May to which a wide variety of stakeholder groups were invited. A number of workshops were also held on the day to elicit views and feedback. All Oireachtas members were invited to a detailed briefing in Leinster House by my officials shortly afterwards. The consultation was open for over 3 months and the Department received almost 300 responses from individuals and organisations. Those submissions outlined the views of respondents on a number of issues, including the number of years required for a full pension, as intended as part of the consultation process.
I have recently been provided with an analysis of the views submitted in the consultation. Having considered this analysis, I intend bring a proposal to Government shortly, setting out the details of the scheme. When the Government has agreed the approach to be taken, I will initiate the work required to introduce this reform.
I hope this clarifies the matter for the Deputy.