Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

As I said, 324 cases have been concluded. The legislation is clear that within six months they will receive 65% of their payment from the ICF. The issue is the shortfall following this ICF payment. We do not know what amount will be gathered from the liquidation process.

The State simply cannot intervene at this stage. We are awaiting an up-to-date actuarial process on the information involved. The information we are operating on at the moment dates back to 2014. When we get the actuarial information, we will see exactly how much of the 35% shortfall it may involve. The State is not committing to or against anything. We will review it and see what the shortfall will be. However, we do not know what it is and we cannot commit to an open-ended shortfall at this moment.

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