Mr. Robert Watt:

The figure for 2013 will be lower than that based on the latest figures. It is made up of two broad components, the ongoing payments to the 20,000-plus civil servants who are retired and the lump-sum payments to people who retire in a given year. The lump-sum payments are about €80 million, €100 million or thereabouts. They are a significant part. For this year, I think retirements will be less than we anticipated. One can speculate about why this is. A lot of people who would have been coming up to retirement age have gone already - a lot of people have left. Colleagues may be holding on until the end of August next year because that is when the new arrangements come in. The payments will be based then on the post-Haddington Road cut salaries for colleagues on over €65,000, so there might be an element of either those people who wanted to retire having gone or people who are planning to retire going to hang on up to that date. In effect, retirements are lower for this year and the lump sums will be lower. The Estimate will be under the €520 million. We are only three quarters in so we will see for the year. It will be €500 million-plus. That is the best to say at this stage.