Dáil Éireann Debate, Wednesday - 6 May 2015
135. Deputy Thomas P. Broughan asked the Minister for Finance if the current success of the Ireland Strategic Investment Fund will be used to reimburse citizens whose pensions were affected negatively such as the deferred Irish aviation superannuation service pensioners; and if he will make a statement on the matter. [17453/15]
Amharc ar fhreagraThe position is that the assets of the Ireland Strategic Investment Fund will be invested on a commercial basis in a manner designed to support economic activity and employment in the State. All returns on investments are to be paid into the fund. Once the returns are paid into the fund they become part of the assets of the fund and are accordingly available for investment by the Agency in accordance with the Fund s investment policy. Under the recently enacted legislation, payments may not be made to the Exchequer from the Fund before 2025 (an exception is provided for the proceeds of the directed investments).
