Oireachtas Joint and Select Committees

Thursday, 29 November 2018

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 37 - Social Protection
Chapter 11 - Regularity of Social Welfare Payments
Chapter 12 - JobPath Employment Activation Service
Chapter 13 - Actuarial Review of Social Insurance Fund
Chapter 14 - Overpayments of Age-Related Jobseeker's Allowance
Chapter 20 - PRSI Contributions by the Self-Employed
2017 Social Insurance Fund

9:00 am

Mr. John McKeon:

It does. Another thing they did, to be fair, was a sensitivity analysis. High, low and base case earnings growth models were all done. I agree with the Comptroller and Auditor General. Many of these assumptions have to be examined. There was a projection that we would be heading back into deficit in 2019 but we are not. The surplus is actually growing. Even within three years, therefore, this has gone a little askew. We hope that is goes more askew in the same direction.

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