Dáil Éireann Debate, Tuesday - 10 November 2009
145 Deputy Leo Varadkar asked the Minister for Finance the individual pension fund deficit for the Industrial Development Authority, Shannon Free Airport Development Company, FÁS, and Forfás; the financial exposure of the taxpayer for 2009; and if he will make a statement on the matter. [39982/09]
View answer148 Deputy Leo Varadkar asked the Minister for Finance the individual pension fund deficit for all organisations and bodies with extended guarantees arising from the Financial Measures (Miscellaneous Provisions) Act 2009; the financial exposure of the taxpayer for 2009; and if he will make a statement on the matter. [39983/09]
View answerI propose to take Questions Nos. 145 and 148 together.
The tabular statement below, based on returns from the relevant Bodies, shows the assets and liabilities at 31 December 2008 of the covered pension funds listed in Schedule 1 of the Financial Measures (Miscellaneous Provisions) Act 2009. The asset figures have in general improved in the interim but are subject to market fluctuations. As it is not proposed to transfer any assets from these funds to the National Pensions Reserve Fund before 31 December 2009, there will be no exposure for the taxpayer for 2009.
|
2008 Assets |
2008 Liabilities |
|
|
€ |
€ |
|
|
Arts Council |
2,424,539 |
6,950,047 |
|
Bord Bia |
12,800,000 |
20,000,000 |
|
CERT (Fáilte Ireland) |
10,455,000 |
18,693,000 |
|
FÁS |
328,193,000 |
631,428,000 |
|
IDA (Forfás) |
182,800,000 |
209,340,000 |
|
Irish Goods Council (Forfás) |
2,081,000 |
3,529,000 |
|
Regional Tourism |
16,000,000 |
31,000,000 |
|
SFADCo |
48,000,000 |
64,900,000 |
|
IPA |
20,700,000 |
40,800,000 |
|
ESRI |
13,372,000 |
25,257,000 |
|
NUIG |
176,995,701 |
249,000,000 |
|
NUIM |
47,372,000 |
114,000,000 |
|
TCD |
245,910,831 |
554,644,927 |
|
UCC |
267,495,000 |
385,579,000 |
|
UCD |
403,400,000 |
712,000,000 |
|
National University of Ireland |
6,133,000 |
13,104,000 |
