Oireachtas Joint and Select Committees

Thursday, 8 October 2015

Public Accounts Committee

2013 Annual Report of the Comptroller General and 2014 Appropriation Accounts
Vote 38: Health
Chapter 13: Irish Blood Transfusion Service Pension Funding

10:00 am

Mr. Andrew Kelly:

I think in May 2011 there was a proposal made by the Department of Public Expenditure and Reform that some of the moneys collected on a 1 for 1 or a 1 for 2 basis could be used to resolve the pensions scheme issue. In that context, there was a proposal in May 2012 to resolve the issue by using some of this money to find a solution because, obviously, we needed to address the deficit in the scheme as pensioners might actually have to be paid from the fund as opposed to public moneys. It had been going on for so long that it seemed at the time-----

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