Oireachtas Joint and Select Committees

Thursday, 30 March 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
UCC: Financial Statements 2013-2014

9:00 am

Mr. Seamus McCarthy:

The total figure on the balance sheet for the total pension liability the college is recognising is €1.267 billion. Similarly, it identifies a deferred pension funding asset - a balancing asset - of the same amount.