Joan Burton (Dublin West, Labour)

I have two questions. Following the summer recess, the Government announced that the assets of pensions funds of public bodies would be transferred into Government accounts via the National Treasury Management Agency. A brief statement issued on the matter, which was signed by both the Ministers for Finance and Social and Family Affairs. We have had no word since and no clarification on whether this measure requires legislation. The announcement dealt with the assets of the pensions of public bodies and it did not address the liabilities. What is the situation?

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