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Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: The witness cannot identify a person by name.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Excuse me Deputy, but I want to ask one question. Did the pension abatement rules in the public service apply to that person when he or she came back? I am sure Mr. Field knows what I am talking about. When a person has retired, is in receipt of a pension and comes back to work, the amount he or she earns cannot exceed his or her original salary. Did those pension abatement rules apply?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Yes, but what about after reaching age 60, given that the person was there for three years? Did the pension abatement rules apply?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: For the three years, he was not in receipt of what?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: The pension did not kick in until 60-----

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: That means he had retired at least three years before 60.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: I got the impression he was quite close to 60-----

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Okay, so the three years spent on contract were completed before the pension kicked in. Is that right?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: I ask the Deputy to conclude because one or two other members want to get in a second time.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: I ask the witnesses to answer that and then we will go to Deputies Cullinane and Connolly, who will have ten minutes.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: How much interest and penalties were there?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Of what?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: How much was interest and how much was penalties?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Were there any penalties?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: There were no penalties because it was a voluntary disclosure.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Was that published?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Even though it was more than €10,000, because it was a voluntary disclosure, it was not required to be published.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: Tax was certainly due but the onus-----

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: It certainly was taxable.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

Seán Fleming: It should have deducted the tax at source like every employer does. That is what should have happened.

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