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Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: What does buying them out mean?

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Yes, I saw that.

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: How much of that €60 million was used to buy people out of their contracts? Was that all of the €60 million?

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Okay.

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: And the rest?

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Based on the fact that Covid-19 happened, was that quite an expensive exercise in the end?

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: The drop was bigger because of Covid-19 than it otherwise would have been. An Post, therefore, ended up having a bigger compensation figure than it would have been expected to pay.

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Of the 873 post offices, how many does Mr. Watt think will benefit? Is it 200 or 600 of the 873 post offices that are in need of these dispersal payments and likely to get significant supports?

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: It is approximately 450.

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Who are they? How many of them are left?

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Of the 873 post offices, one third are on the old contract. They did not take the buy-out.

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Are they all okay then? They do not need the same level of support.

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Say, for the sake of argument, there are 900 post offices. If we take out the 300 that are on the S52 contract and 600 are left, how many of that 600 that have taken the buy-out and gone to the new contract does Mr. Watt think will need the support? Is it half of them?

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: The figure is 300.

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: I am just trying to get a handle on it.

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Nobody can fully anticipate the future, but do our guests expect that in five or ten years, there will still be 920 post offices? Could that reduce to 600 post offices, for example?

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: The ideal is to expand the cake.

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: I get the impression the age profile of the users of post offices is generally older rather than younger-----

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Within that age profile-----

Joint Oireachtas Committee on Transport, Tourism and Sport: Future of An Post Network: Discussion (Resumed) (15 Jun 2022)

Gerry Horkan: Social welfare is still the biggest component of the post office. Ms Byrne might comment on An Post bank accounts and where broadband might leave the organisation. This may not concern her section, but in less than two years' time, there will be local elections, and at some point there will be a general election. I know a lot of people who would love if An Post could work out geofencing...

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