Denis Naughten (Roscommon-South Leitrim, Fine Gael)

Is it correct to say that we are looking at approximately €1.3 billion of a deficit with these pension funds being transferred to the NPRF at the end of 2008 anyway? Will the Tánaiste give an indication of the total exposure of the taxpayer as of now, as the taxpayer will have to foot the bill for the pension fund deficits and liabilities? It will be galling for many members of the public to come up with an additional €1.3 billion to patch up these particular funds in organisations where the chief executives and other senior members have received large golden handshakes under questionable circumstances in the past.

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