Ms Jean Carberry:

The first thing to say is that their employer does not change. In the first instance, there will be no change to the terms and conditions. The first thing that might change is that they will be eligible to join the single public service pension scheme. At the moment, Microfinance Ireland funds personal retirement savings accounts, PRSAs, for employees but they will have an option of joining the single scheme. We do not envisage any change to their terms and conditions in the immediate term but perhaps in the future, subject to conversations with the Department of Public Expenditure, National Development Plan Delivery and Reform, there might be some closer links with public service pay scales. That is to be negotiated in the future.