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 Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

That is fine. I understand the role the NTMA has played and how the NPRF has performed forgetting the fact that the Government directed large amounts of that into bust banks. I am just going into the detail of it. There are no pay caps in terms of any of the new committees that are being formed such as the investment committee. Does the remuneration structure allow for bonuses? Given that it is outside the pay caps, I presume it is also outside of the bonus structure - the prohibition of bonuses?

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