Oireachtas Joint and Select Committees

Thursday, 24 November 2022

Public Accounts Committee

Financial Statements 2021: National Lottery Fund

9:30 am

Mr. Dermot Nolan:

Most of the employees of the Office of the Regulator of the National Lottery are in the single pension scheme. I believe one or two may have moved across. To be fair to the regulator, she brought that to my attention in August. I have only been on this work since July or August, but the regulator brought this matter up at our first meeting. We have had consultations with our own pension policy people and have got legal advice, so that will be resolved in the next couple of months. It will probably involve a memorandum of understanding between us and the Office of the Regulator of the National Lottery, whereby the contributions move across to the Department of Public Expenditure and Reform but that Department will ultimately pick up the cost of the pensions for the civil servants, or anyone who transferred there previous to the single scheme.