Oireachtas Joint and Select Committees

Wednesday, 1 February 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Companies (Protection of Employees’ Rights in Liquidations) Bill 2021: Discussion

Mr. John Hurley:

Yes, not €300 million. In some countries like France, which is obviously a bigger country with perhaps ten times as many persons in employment as Ireland, the amount disbursed by the social insurance fund there was around €1.7 billion. That is many more times bigger per capitathan the Irish fund. That partially reflects the number of calls on the fund. I think there were nearly 200,000 calls on the fund in one recent year in France, compared with 2,000 here. It is also possible the payment levels themselves were higher.

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