Darren O'Rourke (Meath East, Sinn Fein) | Oireachtas source

I thank all the witnesses. I would like to table questions to them all but time will constrain us. I give a huge thanks to all front-line transport workers who have served such a great and important role during Covid.

I will start with a question to Ms Ross. On the pension scheme, I was looking at the figures and the figure of greater than €975 million of a deficit is very significant. I think I am right in saying the 2019 annual report said the deficit was in the region of €777 million. That is almost $200 million over the period of a year. Am I correct in saying that is the scale of the increase of the deficit?

I ask Ms Ross to address the way out or the resolution as she sees it. Is she confident the situation can be resolved through negotiation? How does she see it being resolved?