Oireachtas Joint and Select Committees

Thursday, 26 November 2015

Public Accounts Committee

Bord na gCon Financial Statements 2014

10:00 am

Mr. Michael Murnane:

A bit of work has been done to address it. We have put together a funding proposal on the pension which has been accepted by the board and submitted to the Department. It is now going into member communication. The adoption of that funding proposal should assist to deal with the growth of that pension liability which increased by €3 million between 2013 and 2014.

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