Oireachtas Joint and Select Committees
Wednesday, 16 July 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Pre-Budget Submissions: Discussion (Resumed)
2:40 pm
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
However, there is no interest applied on that sum. There is no compound effect. If the sum is €15,000, it remains €15,000 for the next 30 or 40 years.
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