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
5:45 pm
Fergus O'Dowd (Louth, Fine Gael) | Oireachtas source
I am looking at the figures. Some 325 people work for the NTMA. Of those, 25 earn more than €150,000. The majority earn much less. I do not have the averages with me, but up to 99 people earn under €50,000, 112 earn between €50,000 and €75,000, 50 earn between €75,000 and €100,000 and 26 earn between €100,000 and €125,000. The majority of the NTMA's employees earn below the salary of an assistant principal, notwithstanding the fact that there is a person at the top whose salary is between €400,000 and €425,000. The next highest paid person earns between €300,000 and €325,000, if these figures are right. Either we have the people to do the job or we do not. These people are doing their job and, notwithstanding the Deputy's points, we need them to be as good as they are.
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