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

Mr. Diarmuid Collins:

All of us have similar pension schemes in statutes. I am not sure if the issue has yet manifested in other universities but for us, it came to a head as the staff, as they retired, were taking actions against the university for the shortfall in their pensions. Maybe we were ahead of other universities in this regard but I could not say for definite the situation in the others.

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