Oireachtas Joint and Select Committees

Thursday, 27 February 2014

Public Accounts Committee

Payments to Section 39 Companies: Discussion

12:50 pm

Ms Angela Kerins:

Yes, but I have never received that figure. I would have to meet particular targets to achieve a bonus. That is the extent of it. The reality is that I have not had a bonus for many years. To be quite honest, I do not know what it was in 2009. It is not my intention to look for it in years to come. A lot of organisations buy out bonus payments if they do not wish to pay them any longer or if people do not wish to receive them. There are formulas for the buying-out of bonus payments.

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