Oireachtas Joint and Select Committees

Thursday, 16 January 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 39 - Health Service Executive
Annual Report and Financial Statements 2012
Section 38 - Agencies Remuneration

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11:50 am

Mr. Brian Conlan:

The scheme was in serious trouble and the financial advisers recommended that it needed to be supplemented to meet minimum funding standards. The Friends and Supporters of CRC provided a loan to enable the fund to be maintained and the pension fund to survive.

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