Written answers
Tuesday, 3 February 2009
Department of Enterprise, Trade and Employment
Pension Provisions
9:00 pm
Róisín Shortall (Dublin North West, Labour)
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Question 177: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the severance package, pension and so on awarded to a person (details supplied); and the extent to which performance in office is linked to the value of such payments. [3387/09]
Mary Coughlan (Donegal South West, Fianna Fail)
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The Department of Finance sanctioned the following severance terms to the former Director General of FÁS:
superannuation benefits (Pension and Lump Sum) based on 40 years service, including added notional service, payable with effect from 26 November 2008, and
an ex-gratia payment, equivalent to 6 months salary.
During his time as Director General, Mr Molloy made a significant contribution to the development of FÁS, which came during a time of major change for the organisation.
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