Oireachtas Joint and Select Committees

Wednesday, 16 October 2024

Select Committee on Social Protection

Estimates for Public Services 2024
Vote 37 - Social Protection (Supplementary)

9:30 am

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

The Department was able to pay that out of the Social Insurance Fund and still have an increasing surplus at the end of the year in that. That is now a €17 million rainy day fund. If unemployment was to go up, those finances are there in the Social Insurance Fund.