What role does the Social Insurance Fund play in reimbursing administrative costs under Section 5?

The Social Insurance Fund, built from PRSI contributions, reimburses the estimated share of total administrative expenditure relating to the social insurance scheme. This estimate, agreed with the Minister for Public Expenditure and Reform, must include an amount for accruing staff pension liabilities, retirement lump sums, and gratuities.

Are payment service provider fees and audit fees paid from the Social Insurance Fund?

Yes. Fees payable to payment service providers engaged to deliver social welfare payments are paid directly from the Social Insurance Fund, subject to ministerial agreement. Similarly, audit fees payable to the Comptroller and Auditor General for auditing the Social Insurance Fund are paid directly from the Fund itself.

Does the Social Insurance Fund contribute to the costs of Employers' Insolvency and Redundancy Payments legislation?

Yes. The Social Insurance Fund contributes towards the costs incurred by the Minister for Enterprise, Trade and Employment in administering the Protection of Employees (Employers' Insolvency) Acts and the Redundancy Payments Acts. The amount is estimated by agreement among the relevant Ministers and treated as appropriations-in-aid.

Social Welfare Consolidation Act 2005 section 5

Q: How are the expenses of administering the Social Welfare Consolidation Act 2005 funded?

All expenses incurred in carrying the Act into effect are paid from moneys voted by the Oireachtas, subject to sanction by the Minister for Public Expenditure and Reform. The Social Insurance Fund then reimburses the portion of those costs attributable to the social insurance scheme under Part 2 of the Act, which is treated as appropriations-in-aid.

Expenses

Section 5 sets out how the expenses of administering the Social Welfare Consolidation Act 2005 are funded, including the role of the Social Insurance Fund in reimbursing certain costs.

All expenses of implementing the Act are paid from Oireachtas-voted funds, subject to approval by the Minister for Public Expenditure and Reform.
The Social Insurance Fund reimburses the portion of those expenses that relates to the social insurance scheme, including an allowance for staff pension liabilities.
Fees payable to payment service providers and audit fees of the Comptroller and Auditor General are paid directly from the Social Insurance Fund.
The Social Insurance Fund also contributes towards the costs of administering the Employers' Insolvency and Redundancy Payments legislation through the Minister for Enterprise, Trade and Employment.

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