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

10:30 am

Ms Mary Kennedy:

We cannot comment on anything like that. The report provides information on the health of the Social Insurance Fund and the fact we had a surplus for a number of years.

During the majority of its lifetime, the fund has received a subvention. The report examines the scenarios and presents details of action that will need to be taken to ensure it continues.