Oireachtas Joint and Select Committees
Tuesday, 1 March 2022
Joint Oireachtas Committee on Education and Skills
Future Funding of Higher Education: Discussion (Resumed)
Dr. Mary-Liz Trant:
The levy that goes into the national training fund is 1%. It is a substantial amount. We have not run out of it, as yet. It was reviewed in 2019 and the amount went up a proportion. The connection between what employers put in and what they get out is much clearer now and is getting stronger. It needs to be kept under review but, for now, my sense is that we are getting a good contribution from employers and it is adequate. Certainly, as the system grows and as employers and industry continue to benefit, it will probably need to be revisited on a fairly regular basis.