Oireachtas Joint and Select Committees
Wednesday, 17 November 2021
Joint Oireachtas Committee on Social Protection
Report of the Commission on Pensions: Discussion (Resumed)
Ms Roma Burke:
The numerical breakdown of the information we presented earlier, including the bar charts, can be found on page 224 of the full report. It shows that there will be an SIF shortfall of €13 billion in 2050. It then shows all the bits of each part of the package, and how much each will contribute to reducing and, ultimately, eliminating the shortfall. The full move to total contributions, then, reduces the hit by approximately €1.1 billion.
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