Written answers

Thursday, 18 December 2008

Department of Finance

Pension Provisions

5:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)
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Question 94: To ask the Minister for Finance the details of the review carried out recently of the National Pensions Reserve Fund; and if he will make a statement on the matter. [47341/08]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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I announced in my Budget speech that I was conducting a review of the National Pensions Reserve Fund in the context of recent economic and fiscal developments. I asked Mr Maurice O'Connell, former Governor of the Central Bank, to conduct the review. Mr O'Connell has now submitted his review to me and I am considering his conclusions.

As I stated in my Budget speech, any changes requiring legislation will be brought forward in due course.

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