Written answers
Tuesday, 22 April 2008
Department of Environment, Heritage and Local Government
Pension Provisions
9:00 pm
Joan Burton (Dublin West, Labour)
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Question 399: To ask the Minister for the Environment, Heritage and Local Government if he will set out an analysis of local authority pension liabilities for each local authority here at end 2006 and at end 2007 in accordance with IAS 19/FRS 17 including the mortality assumptions used in the preparation of the estimates and the discount rate used in the calculations. [15099/08]
John Gormley (Dublin South East, Green Party)
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The information requested is not available in my Department.
Joan Burton (Dublin West, Labour)
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Question 400: To ask the Minister for the Environment, Heritage and Local Government if he has plans to create a fund similar to the National Pensions Reserve Fund to fund existing local authority pension liabilities and the expected further increases in liabilities arising from improvements in life expectancy. [15100/08]
John Gormley (Dublin South East, Green Party)
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I have no such plans. The objective of the National Pension Reserve Fund is to meet as much as possible of the costs of social welfare and public service pensions from 2025 onwards.
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