Oireachtas Joint and Select Committees

Thursday, 21 September 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Bank of Ireland

9:30 am

Mr. Liam McLoughlin:

Depending on timing and positions, pension arrangements are in place and there may be a car allowance. As part of the 2011 arrangement, however, performance-related pay was removed. Very few exceptions might have been agreed at the time for some people in commission arrangements. However, wholesale commissions and variable pay are not a part of the remuneration structure today.

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