Arthur Morgan (Louth, Sinn Fein)
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Question 379: To ask the Minister for Finance the value of the National Pensions Reserve Fund. [34449/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The National Pensions Reserve Fund (NPRF) was established on 2 April 2001 under the National Pensions Reserve Fund Act 2000 with the objective of meeting as much as possible of the cost to the Exchequer of social welfare pensions and public service pensions to be paid from the year 2025 until at least 2055.

The National Pensions Reserve Fund Commission — who control and manage the Fund — publish a report on the performance of the NPRF at the end of each quarter. The most recent such report, to 30 June 2009, valued the Fund at €19.4 billion.

The Fund's annual and quarterly reports are available publicly on the Commission's website http://www.nprf.ie/home.html.