Dáil Éireann Debate, Tuesday - 10 March 2009
104 Deputy Leo Varadkar asked the Tánaiste and Minister for Enterprise, Trade and Employment the amount her Department has taken out of the Social Insurance Fund to meet the cost of redundancies or insolvancies to date in 2009; her views on whether adequate provision has been made in 2009; the actions she will take in that regard; and if she will make a statement on the matter. [9645/09]
View answerThe Social Insurance Fund (SIF) is overseen and managed by the Department of Social and Family Affairs but my Department administers the Redundancy and Insolvency Payments Schemes on its behalf. In that sense, responsibility for the provisioning of the SIF is a matter primarily for that Department.
The total amount paid out in Redundancy payments from 1 January –28 February 2009 amounted to €29,178,407. In respect of Insolvency payments for the same period, the amount was €2,130,623. Both figures are, at this stage, provisional.
