Dáil debates

Wednesday, 7 November 2012

10:40 am

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

The chief executive of AIB has written a letter to a number of former employees of Allied Irish Banks, not based on their salaries, but based on their responsibilities, in regard to the pensions they receive. I am glad to note that the former chief executive, Mr. Sheehy, has made a personal decision in regard to the level of pension that he intends to draw. These persons - I answered this question yesterday - have been in receipt of pensions under contractual arrangements that I cannot change, that the Minister for Finance cannot change and that, under our constitutional law, are recognised as a property right. It ill behoves Deputy McDonald to come in here and lecture everyone else when the leader of her own party was drawing an allowance for years for a Parliament that he did not recognise.

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