Oireachtas Joint and Select Committees
Thursday, 17 October 2013
Public Accounts Committee
Forfás Annual Accounts 2012
10:55 am
Simon Harris (Wicklow, Fine Gael)
Link to this: Individually | In context | Oireachtas source
On 26 July last Dr. Constantin Gurdgiev - and he will have to excuse me if I have pronounced his name wrong - authored a commentary on the Forfás annual report. He was quite damning about the way Forfás divides its expenditure and concluded his analysis by saying that "less than 12.65% of the organisation grant actually went to fund its activities". He said that €43.5 million was spent on pensions, €1.4 million was spent on what he termed "wasted rent", a matter we have previously discussed, and that such expenditure does not give the taxpayer "confidence in getting value for money". He continued by quoting a senior science body head in Ireland as saying:
We need to be careful what we spend on activities as opposed to just meeting wage and pension costs. I shall give the chief executive officer an opportunity to respond.
I was gobsmacked to see this figure. I wonder how much of the country's so-called ... 'science' budget goes on pensions? This is not to begrudge retired public servants their entitlements, but we should be transparent about what we spend.