Written answers
Tuesday, 8 November 2005
Department of Finance
Pension Provisions
8:00 pm
Arthur Morgan (Louth, Sinn Fein)
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Question 344: To ask the Minister for Finance the companies and financial institutions in which the Government has invested as part of the national pensions reserve fund including the amounts invested in each company or financial institution; the business conducted by each of the companies in which the State has invested; and if companies located here or elsewhere in which the State has invested as part of the national pensions reserve fund have any element of public ownership. [32580/05]
Brian Cowen (Laois-Offaly, Fianna Fail)
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The investment of the national pensions reserve fund is a matter for the National Pensions Reserve Fund Commission, under the provisions of the National Pensions Reserve Fund Act 2000. The commission's annual report and financial statement for 2004 includes a table setting out the details of the fund's portfolio of investments at 31 December 2004. The report does not provide details of the business conducted by the companies in which the fund has invested or on whether there is any element of state ownership of such companies.
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