Róisín Shortall (Dublin North West, Labour)
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Question 115: To ask the Minister for Finance further to Parliamentary Question No. 189 of 22 April 2009 if he will provide a report on the progress made by the Revenue Commissioners in ensuring that the concerns of the Covered Institution Remuneration Oversight Committee in respect of pension arrangements are in compliance with the law; and if he will make a statement on the matter. [26646/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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As indicated in my reply to the earlier Parliamentary Question on this matter on 22 April 2009, following discussions between my Department and the Revenue Commissioners the concerns raised by the Covered Institutions Remuneration Oversight Committee (CIROC) were to be taken up by the Commissioners with the institutions involved, with a view to ensuring that the practices concerned are in compliance with pensions tax provisions and tax law generally.

I am advised by the Revenue Commissioners that they have commenced their enquiries in this regard with the seven institutions involved and that these enquiries are still ongoing.