Oireachtas Joint and Select Committees

Wednesday, 1 February 2023

Select Committee on Social Protection

Estimates for Public Services 2023
Vote 37 - Social Protection (Revised)

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

It is doing well now but I am told that if one looks back over the last 15 years it shows more red figures than black ones, outlining the fact that the Social Insurance Fund has been in deficit for far longer than it has been in surplus. In fact the Exchequer has supported the fund to the tune of more than €10 billion since 2007. That is why it is critical to keep it under close review.

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