Written answers
Wednesday, 5 May 2010
Department of Finance
Pension Provisions
9:00 pm
Arthur Morgan (Louth, Sinn Fein)
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Question 122: To ask the Minister for Finance the arrears that will benefit from pensions funds foregone by former officeholders of the Houses of the Oireachtas; if it will be ring-fenced or if same will go to the general Exchequer; if these funds will be reclaimed by former officeholders in the future; and if he will make a statement on the matter. [17852/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The former office-holders who gift their pensions to the Minister for Finance do so for the general benefit of the Exchequer. Having made such a gift, the person agrees that the moneys will not be refunded at a later date.
I would like to take this opportunity to thank the members of the Oireachtas and the European Parliament and others who have made these generous gifts.
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