Oireachtas Joint and Select Committees
Thursday, 3 April 2014
Public Accounts Committee
2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management
12:50 pm
Mr. Robert Watt:
We do not envisage that it will go too much beyond 2.5% to 3% of GDP into the future but it all depends on mortality as further extensions in longevity will increase the cost but it really depends on the assumption of prices and the rates.
What assumption has Mr. Watt made on wage increases, increments and so forth?
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