Pension reserve has 2.4% Q1 return

The National Pensions Reserve Fund (NPRF) - created to provide partial funding of Ireland’s pension costs from 2025 - today reported a return of 2.4% for the three months to March 31.

The Fund’s value at end March was €12,309m. Excluding the Exchequer contribution of €330m, the Fund appreciated by €290m during the quarter.