Oireachtas Joint and Select Committees

Tuesday, 21 September 2021

Public Accounts Committee

Business of Committee

11:00 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

There is a significant issue here in that most of this will be a liability into the future for anyone who is working at the moment. We know there is a pension time bomb - we are constantly told about it - and we do not have a pension reserve fund. This may well be an issue we need to have a better handle on. It might be something that would be worth, at some point, putting a little time into, probably next year. It comes up repeatedly and we gloss over it but there are risks into the future.

I am not satisfied that we have a full understanding of what those risks are into the future and how that is accounted for.

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