Written answers

Thursday, 2 April 2009

Department of Finance

Departmental Agencies

5:00 pm

Photo of Michael CreedMichael Creed (Cork North West, Fine Gael)
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Question 79: To ask the Minister for Finance the salaries and bonuses paid to the chief executive and directors of the National Treasury Management Agency in 2008; the criteria on which payment of bonuses is based; the cost to the Exchequer of salaries and bonuses for the agency in 2008; and if he will make a statement on the matter. [13916/09]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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The remuneration packages of all National Treasury Management Agency staff, including that of its CEO, are negotiated on an individual contract basis and are confidential. According to the National Treasury Management Agency's 2007 Annual Report — their most recent Annual Report — total salaries and bonuses amounted to €16.4 million in 2007. The administration accounts (including pay and pensions, etc.) of the NTMA are audited by the Comptroller & Auditor General each year.

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