Mr. John Crawley:

The pension liabilities of the authority relate predominantly to the deferred pensions for past service of the 60 or so people who worked there over the course of its life. They are a relatively young population and the liability is therefore deferred. At the time of last valuation, the liability was somewhere between €7.5 million and €8 million. That is the amount the State will need to pay out over a period of time.