Oireachtas Joint and Select Committees
Wednesday, 27 January 2016
Joint Oireachtas Committee on Education and Social Protection
The Pensions Authority: Chairperson Designate
1:00 pm
Clare Daly (Dublin North, United Left) | Oireachtas source
In Mr. Begg's new brief, will he commission an investigation into the activities and the investment decisions relating to the IASS which caused serious financial strain on that scheme? Mr. Begg answered the Chairman's question as to whether it was a DC or DB scheme. That was a tactic the companies used to delay the process. There was a firm ruling that it was a DB scheme, with no question or doubt. That issue was not relevant regarding the latter crisis around the IASS.
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