Oireachtas Joint and Select Committees
Thursday, 26 March 2015
Public Accounts Committee
2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Dublin Docklands Development Authority: Annual Report and Financial Statements
10:00 am
Joe Costello (Dublin Central, Labour) | Oireachtas source
In regard to deferred pension funding, the Department of Public Expenditure and Reform made a decision to take on the authority's pension obligations. I understand the cost of this was approximately €8 million. What is the current position in this regard given that some good work has been done to deal with the deficit so that there a surplus of approximately €8 million in the authority? I presume that the surplus will increase further as other assets are disposed of. Is the Department still obliged to take on the responsibility for pensions?
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