Oireachtas Joint and Select Committees

Tuesday, 1 July 2014

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

National Treasury Management Agency (Amendment) Bill 2014: Committee Stage

5:35 pm

Photo of Fergus O'DowdFergus O'Dowd (Louth, Fine Gael) | Oireachtas source

No, in fairness, the amount of money they would get would have to be decided looking at what other people with comparable skills and knowledge bring to other boards. What is important is that we have the best skills available to the NTMA. We are talking about billions of euro being invested and preparing the country for the creation of, hopefully, thousands of jobs and restoring us to full employment. In that context, all of those investments are absolutely critical. That would be my expectation. Perhaps Deputy Doherty can put down a question to the Minister for Finance. I do not know what the current payments to members of the board of the NTMA are. I think we may have them here. The information will give the Deputy some idea of what they are being paid.

It is a matter for the Minister for Finance to decide remuneration. The NTMA advisory committee chairperson receives €45,000 and members receive €22,500. The chairperson of the National Pensions Reserve Fund, NPRF, Commission receives €51,000 and the members of the board receive €34,000. The chairperson of NAMA receives €150,000 and members of the board receive €60,000. Will members of the agency get additional remuneration for being members of the committee. The answer is "No".

Comments

No comments

Log in or join to post a public comment.