Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. David Doyle:

Well, the arrangements for ... for pensions for secretary generals are laid down at the outset of a contract. Mine were no different from anyone else. I think in my case there was two added years because I had been in the service for ... I can't remember now, 1972 to 2010. So it was about two added years. Younger secretary generals retiring would have got an awful lot more than that. Standard arrangements. Do I think that the arrangements were justified? I think that the pension arrangements for top people and, indeed, the salaries for it were excessive. They've been significantly reduced now and the pension arrangements have been significantly curbed.

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