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. I intend to 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, including the necessary legislation and systems development.
People will be informed of the details of the scheme as soon as possible, following the Government decision.
I hope this clarifies the matter for the Deputy.