Written answers

Thursday, 9 May 2024

Department of Education and Skills

Departmental Schemes

Photo of Sorca ClarkeSorca Clarke (Longford-Westmeath, Sinn Fein)
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167. To ask the Minister for Education and Skills the number of people excluded from the Caranua scheme; the number of people covered by this scheme, multiplied by the contribution pension. [20949/24]

Photo of Norma FoleyNorma Foley (Kerry, Fianna Fail)
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The Residential Institutions Statutory Fund Act 2012 provided that Caranua could make funding supports available to those who had received an award of redress from the Residential Institutions Redress Board (RIRB) or a similar court award or settlement. The RIRB was established in 2002 and closed for applications in September 2011. The RIRB made approximately 15,600 awards of redress, totalling almost €1 billion.

In 2015 Caranua commissioned an actuarial study to estimate, based on data recorded by the RIRB, the survivor population as of 31 December 2015. This study concluded that the likely population of survivors would have been some 12,125 by that date.

Based on the information contained within the 2015 study, it is estimated that the survivor population currently amounts to some 10,000 individuals.

The current maximum State Pension (Contributory) amounts to €277.30 per week, or approximately €14,500 per annum. Multiplying this amount by the estimated survivor population amounts to approximately €145 million per annum.

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