Oireachtas Joint and Select Committees

Thursday, 20 October 2016

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 37 - Department of Social Protection
Chapter 9 - Regularity of Social Welfare Payments
Chapter 10 - Roll-out of the Public Services Card
Social Insurance Fund 2015

9:00 am

Mr. Seamus McCarthy:

-----but it certainly has occurred, and there have been transfers and reinvestments in different locations to avoid the negative interest. On the redundancy and employment insolvency debts, the first point to note is that those debts are not on the balance sheet at all.

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