Oireachtas Joint and Select Committees
Thursday, 18 October 2018
Public Accounts Committee
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Vote Accounting and Budget Management
Vote 11 - Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Collection of Pension Contributions due to the Exchequer
Chapter 3 - Control of Funding for Voted Public Services
Chapter 5 - Vote Accounting and Budget Management
Vote 11 - Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Comptroller and Auditor General Special Report 95: Financial Reporting in the Public Sector
Comptroller and Auditor General Special Report 99: Public Sector Financial Reporting for 2015
Comptroller and Auditor General Special Report 100: Public Sector Financial Reporting for 2016
9:00 am
Mr. Robert Watt:
We have not gone to the Minister or the Government about it but Mr. Pender and I have been discussing this with colleagues on the pensions side. It is something we did before, although it is not exactly analogous, with the National Pensions Reserve Fund, when we used money from the sale of Eircom and contributions each year to build a fund. A third of this was to fund public service pensions and two thirds of it was for social welfare. We had pre-funding in the past and we would certainly like to move to a more funded scheme for public pensions. It would not be entirely funded but it could be partly funded.
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