Oireachtas Joint and Select Committees

Wednesday, 27 November 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance (No. 2) Bill 2013: Committee Stage (Resumed)

3:30 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

The Minister cannot have a budget next year and use the €135 million to pay off whatever measures he will introduce or just to reduce our deficit if he has to have it as a contingent liability. Will the Minister ring-fence that money for the pensions industry? If we have a pensions crisis, such as that in Waterford Crystal, we will ask how we do this and know this money will be coming in next year.

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