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

10:40 am

Ms Mary Kennedy:

I cannot say what is or is not possible. I am stating what is suggested in the report. We have asked KPMG to look at the self-employed issue which is an area of huge concern owing to the downturn. The issue is also raised regularly by way of parliamentary question. The report has looked at what would be the required level of contribution in that regard and has come up with the figures I have given. The advisory group on tax and social welfare is also looking at the issue. As such, the Department is looking at the issue in a number of different ways. As to what will happen, I cannot say. While the advisory group will report on the matter, the final decision will be one for Government.