Oireachtas Joint and Select Committees
Thursday, 19 May 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 39 - Office of Government Procurement
Vote 43 - Office of Government Chief Information Officer
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 4 - Vote Accounting and Budget Management
9:30 am
Jennifer Carroll MacNeill (Dún Laoghaire, Fine Gael)
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Turning to the single public service pension, we were going over the figures over the last number of years. It appears to be consistently underestimated every year. I find that interesting and a bit worrying. For example, in 2020 the estimate was €180 million but the figure realised was €279.27 million. Before that the estimate was €160 million and €252 million was realised. What is the basis for the estimation of the single public service pension scheme? How is so underestimated every year?