Oireachtas Joint and Select Committees
Thursday, 4 July 2019
Public Accounts Committee
2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018
9:00 am
Kate O'Connell (Dublin Bay South, Fine Gael) | Oireachtas source
Regarding the voluntary redundancy scheme that was set up in 2018, each contract at the NTMA is individual to the person, so why would it need a voluntary redundancy scheme? Let us say I was employed there and my contract said I would do X, Y and Z. If I was no longer fulfilling those criteria, surely the NTMA could get rid of me. Why would it need to pay me off? Some 33 people were made redundant. Did I hear right that it is at a cost of €33 million or did I just write that down?
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