Oireachtas Joint and Select Committees
Thursday, 24 May 2018
Public Accounts Committee
Financial Statements 2016: Higher Education Authority, University College Cork and Cork Institute of Technology
9:00 am
Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
I will move on to the pension funding both in UCC and CIT that the Comptroller and Auditor General mentioned. On UCC first, is this €15.7 million in shared funding the Comptroller and Auditor General mentioned a shortfall of moneys that is not there to cover future pension liabilities? My understanding of the Comptroller and Auditor General's report is that it will be a shared function now of both UCC and the taxpayer. Can someone answer me that?
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