Tuesday, 15 May 2018

Ceisteanna (246)

Catherine Murphy

Ceist:

246. Deputy Catherine Murphy asked the Minister for Education and Skills the amount set aside on an annual basis for contingent liability for the past 25 years to date; the way in which it is determined the amount that is forecast to be needed for contingent liability; if an actuary analysis is carried out for budgeting current and future contingent liability; if a risk assessment is conducted in the context of contingent liability; and if he will make a statement on the matter. [20833/18]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Education)

The following table lists the amount disclosed in my Department's Appropriation Accounts for contingent liabilities for the past 25 years as requested by the Deputy. Two categories of contingent liability have been disclosed in the accounts: those related to the Residential Institutions Redress Scheme and those related to the Commission to Inquire into Child Abuse.

The estimated liability in each year in relation to the Residential Institutions Redress Scheme was based on the average award and legal cost paid by the Redress Board and the estimated number of remaining Redress Board applications to be processed.

The estimated contingent liability in respect of the Commission to Inquire into Child Abuse was based primarily on the anticipated settlement of outstanding legal costs associated with the Commission’s work.

As the work of both of these bodies draws to a conclusion the respective contingent liability estimate for each has considerably reduced in recent years.

Year

Residential Institutions Redress Scheme

Commission to Inquire into Child Abuse

2016

€0.5 m

€1.0 m

2015

€2.0 m

€1.5 m

2014

€13.0 m

€3.55 m

2013

€45.0 m

€15.0 m

2012

€107.0 m

€15-€20 m

2011

€150.0 m

€15-€20 m

2010

€90.0 m

€30-€35 m

2009

€75.0 m

€30-€40 m

2008

€200.0 m

€30-€40 m

2007

€360.0 m

€40-€45 m

2006

€600.0 m

€50-€60 m

2005

€950.0 m

€46 m

2004

€500-€550 m

€80 m

2003

0

0

2002

0

0

2001

0

0

2000

0

0

1999

0

0

1998

0

0

1997

0

0

1996

0

0

1995

0

0

1994

0

0

1993

0

0

1992

0

0