Oireachtas Joint and Select Committees

Thursday, 18 October 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Vote Accounting and Budget Management
Vote 11 - Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Collection of Pension Contributions due to the Exchequer
Chapter 3 - Control of Funding for Voted Public Services
Chapter 5 - Vote Accounting and Budget Management
Vote 11 - Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Comptroller and Auditor General Special Report 95: Financial Reporting in the Public Sector
Comptroller and Auditor General Special Report 99: Public Sector Financial Reporting for 2015
Comptroller and Auditor General Special Report 100: Public Sector Financial Reporting for 2016

9:00 am

Mr. Robert Watt:

We need to ensure that the relevant authorities understand the matter. The team are following up to ensure that people understand their responsibilities exactly. There is a wider issue relating to the scale of receipts from the single scheme and how they are accounted for. Those receipts are netted off. They are contributions being made to pensions from which people will benefit in the future. For accounting purposes, we are netting off the pay-as-you-go bills. We are considering whether that is appropriate or whether it should be-----