Seanad debates
Thursday, 16 December 2004
Social Welfare Bill 2004: Committee and Remaining Stages.
1:00 pm
Séamus Brennan (Dublin South, Fianna Fail)
I believe there is about €1.5 billion in the fund but I am open to correction. Although €1.5 billion seems like a lot, it amounts to only four months of payments. The Senator will appreciate that while the fund is solid, it has not been built up such that it will last for three or four years.
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