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
Mr. David Moloney:
My colleague Mr. Pender is the actuary and can fill the Deputy in on any detail she would like. In general terms, the key challenge around estimating the superannuation Vote is that a civil servant can decide to retire and do so in two weeks' time and therefore become eligible for a lump sum based on their service. That triggers quite significant amounts in terms of values.