Minister sets up National Pension Reserve Fund review

The government has retained Maurice O’Connell, the former governor of the Central Bank, to carry out a review of the National Pension Reserve Fund (NPRF), the €20 billion fund set up by the state to finance future state and public service pensions.

Ian Kehoe - avatar

Ian Kehoe

8th November, 2008

The government has retained Maurice O’Connell, the former governor of the Central Bank, to carry out a review of the National Pension Reserve Fund (NPRF), the €20 billion fund set up by the state to finance future state and public service pensions.

O’Connell has been asked by Brian Lenihan, the Minister for Finance, to review the government’s commitment to the fund in light of a sharp deterioration in its value due to the...

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