Mick Wallace (Wexford, Independent)
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468. To ask the Minister for Agriculture, Food and the Marine if he will provide details of the pension deficit in the Irish Greyhound Board; and if he will make a statement on the matter. [21966/15]

Simon Coveney (Cork South Central, Fine Gael)
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Bord na gCon operate both a Defined Contribution (PRSA) and a Defined Benefits Scheme. In the 2013 audited annual report and accounts of Bord na gCon the Net Pension Liability is €6.839 million.

Bord na gCon has informed me that the 2014 annual report and accounts are due for Board approval and sign off by the Comptroller & Auditor General by June 30^th2015.

Bord na gCon accepts the conclusion in the Indecon Report that the defined pension scheme is not sustainable in its current format. The resolution of this matter is a priority for Bord na gCon and I am expecting a submission from the Board in the near future on proposals towards addressing the deficit within the scheme.