Oireachtas Joint and Select Committees
Thursday, 22 November 2012
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 4 - National Pensions Reserve Fund
Chapter 25 - Accounts of the National Treasury Management Agency
National Treasury Management Agency - Financial Statements 2011
National Pensions Reserve Fund Commission - Financial Statements 2011
12:30 pm
Mr. John Corrigan:
The pay structure of the NTMA provides for incentive payments or bonuses, as they were described by the Chairman. Most people would have built into their contracts some provision in this regard. It varies from person to person. However, in the current circumstances, for all practical purposes no incentive payments are being made.
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