Oireachtas Joint and Select Committees
Thursday, 3 October 2013
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Superannuation and Retired Allowances
Vote 42 - Office of the Minister for Public Expenditure and Reform
Chapter 6 - Financial Commitments under Public Private Partnerships
Chapter 12 - Vote Accounting
Chapter 13 - Procurement without a Competitive Process
12:00 pm
Mr. Robert Watt:
For the sake of ease, let us say that we have saved €1 billion by the end of 2014, so each year thereafter €1 billion will be off the pay bill compared to where we would otherwise have been. What that means over Deputy McDonalds time horizons can then be figured out. Let us say that by the end of 2014 and the beginning of 2015 the pay bill will be €1 billion lower than would otherwise be the case if we implement all the measures. I know that is hard when reading out figures for people to jot them all down and it is a bit complicated, so perhaps we will circulate the summary table I have which sets out the different components.
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