Oireachtas Joint and Select Committees
Wednesday, 1 February 2023
Select Committee on Social Protection
Estimates for Public Services 2023
Vote 37 - Social Protection (Revised)
Éamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source
I would like to return to the Social Insurance Fund. I found some statistics on page 66. In 2007, there was a surplus in the fund of €3 billion, most of which would have been there between 2000 and 2007. Now there is a surplus in the fund of €5 billion. That is another €2 billion. Of the €10 billion State subvention, there is €5 billion in the kitty. The net State requirement from the Exchequer over 20 years, if we go back to 2000, was really only €5 billion. It is a very small amount over 20 years.
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