Results 4,161-4,180 of 19,173 for speaker:Shane Ross
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: I will move to another item in the accounts. There was a €3 million movement from the Friends and Supporters of the Central Remedial Clinic into the Central Remedial Clinic in the middle of last year. That was for pensions, was it not? Will Mr. Kiely explain this movement? Will he first explain how the pensions worked because that is very important? There are two pension funds....
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: Will Mr. Kiely explain how they work?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: In which pension fund is Mr. Kiely?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: Mr. Kiely is in the pension fund that was topped up with the €3 million loan.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: Mr. Kiely is in the pension fund.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: How much will Mr. Kiely’s pension be worth?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: Will it be based on the figure €106,000 or €242,000?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: It will be based on €242,000.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: Therefore, it will be based on the topped-up salary.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: It will not be based on the one recommended by the HSE but on €242,000. How much will Mr. Kiely's pension be?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: How much will it be?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: Very nearly half of the €242,000.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: That is a staggering figure. The €3 million was transferred from the Friends and Supporters of the Central Remedial Clinic.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: Therefore, lottery and private funding will go towards paying Mr. Kiely's pension.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: But Mr. Kiely’s, in particular. His will be the biggest.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: The €3 million has gone as a loan from those who contributed, basically the friends and supporters, to pay the pensions of Mr. Kiely and others who are very well paid. It is not going towards the operations of the clinic at a time when there are cutbacks.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: Seventy people were involved, but I presume Mr. Kiely was the largest beneficiary.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: It is based on the topped up salary of €242,000.
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: When the transfer was made, was Mr. Kiely the secretary of the friends and supporters company? Was he also secretary of the Central Remedial Clinic?
- Public Accounts Committee: Section 38 - Agencies Remuneration (11 Dec 2013)
Shane Ross: Was Mr. Nugent on the board of both at the time?