Ms Mary Kennedy:

The Deputy asked the question and while it was not a specific question, I note the actuarial review looked at the level of contributions. As there is a shortfall at present, which is projected to increase over time until 2066, the review considered what changes one would need to make to address that. However, as the Deputy is aware, the Social Insurance Fund is funded on a tripartite basis, that is, by employers, employees and the self-employed and then there is a residual financier, which effectively is the State. I am not stating today there will be an increase in the 14.75% rate as obviously, that is not my decision.