Oireachtas Joint and Select Committees

Wednesday, 22 June 2016

Committee on Arrangements for Budgetary Scrutiny

Engagement with Office for Budget Responsibility

10:00 am

Mr. Robert Chote:

We forecast pension payments directly as, for public service pensions, it is a very simple top-down adjustment. We normally assume everything is constant as a share of GDP but we nudge up, or down, the bits that are age related.