Oireachtas Joint and Select Committees
Thursday, 20 September 2012
Joint Oireachtas Committee on Education and Social Protection
Actuarial Review of the Social Insurance Fund: Discussion
10:20 am
Ms Joanne Roche:
Yes; based on total receipts in 2011, the outturn figure was €7.5 billion. We have not run the figures required to answer Deputy Collins's question but the figures I mentioned are on the back of approximately 14% unemployment. The long-term unemployment rate is 6% so one could make an adjustment for this.