Dáil debates
Thursday, 12 November 2009
Pension Provisions.
3:00 pm
Denis Naughten (Roscommon-South Leitrim, Fine Gael)
I thank the Tánaiste for her response. Many members of the public would be amazed to see a deficit of €303 million in the FÁS pension fund at a time when its chief executive got a pension benefit of €1.4 million in very questionable circumstances. What is the current deficit of the FÁS pension fund?
The Tánaiste also mentioned the Financial Measures (Miscellaneous Provisions) Act 2009, which transfers the assets from the various semi-State agencies to the NPRF. What is the total deficit in what is being transferred from those funds to the NPRF, and how will that deficit be made up?
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