Results 20,221-20,240 of 26,228 for speaker:Kieran O'Donnell

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: The dependency ratio is reducing.

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: Has the Secretary General looked at sustainability models?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: If it was linked to the CPI what would it be?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: There would be a further €16 billion in savings. Is that correct?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: What does Mr. Watt anticipate with regard to bonuses and so forth within the public sector? Does he have a view on that?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: In general, yes. There is a pay freeze in place until 2016. Thereafter, what is Mr. Watt's view, as someone who is ---

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: The issue of the overarching role of the Department vis-à-visall other Departments and the State agencies has come up a number of times. I have raised the matter of State bodies and Departments holding cash balances previously. Has the Department examined this issue? There is a perception that money is being hoarded away in various bodies. Has the Department quantified the amount of...

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: Has the Department examined the historical tendency for Departments and agencies to do an enormous proportion of their spending during the month of December to keep their budgets up? What is the situation in that regard now?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: What is Mr. Watt's view of the stimulus package and the sale of State assets?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: When did it come in?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: Is that €220 million?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: When is the second moiety due?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: The €220 million has come in already ---

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: Can Mr. Watt tell me how this will feed into the stimulus package in terms of the timeframe and so forth?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: Does Mr. Watt have any idea of the amount that will be available over the three-year period?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: Is there a value on that?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: Finally, three PPPs have effectively been postponed - Metro North, DART underground and Metro West - which were valued at €228 million. How much money has been spent on those projects to date and what is Mr. Watt's view on their future? How much of the money that has been spent has gone into a black hole?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: Does Mr. Watt have any idea how much will not be recouped?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: I want to take up an issue Mr. Watt brought up in his contribution, namely, public service occupational pension schemes. I have a couple of questions and I just want to check that my figures are correct. Mr. Watt said there are 291,000 people employed in the public service currently and there are approximately 140,000 people in receipt of pensions currently. Is that correct?

Public Accounts Committee: 2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management (3 Apr 2014)

Kieran O'Donnell: That is 431,000 people. One third are being paid pensions while approximately 66% are being paid wages. Where does Mr. Watt see that ratio going over the next 20 years? He said that accrued liability has fallen by €18 billion from €116 billion in 2009 to €98 billion today. We are obviously talking about the next 70 years. How will that be funded? I mention the...