Oireachtas Joint and Select Committees
Thursday, 22 November 2012
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 4 - National Pensions Reserve Fund
Chapter 25 - Accounts of the National Treasury Management Agency
National Treasury Management Agency - Financial Statements 2011
National Pensions Reserve Fund Commission - Financial Statements 2011
11:50 am
Mr. John Corrigan:
Deputy Donohoe is probably right; there probably were incentivisation arrangements. I do not have immediate knowledge of the basis of those arrangements. I do not know whether they were short-term incentivisation arrangements, or long-term with some sort of vesting period, as would be the norm. I would not dispute the Deputy's speculation, however.