Written answers

Wednesday, 6 October 2010

Department of Finance

Pension Provisions

8:00 pm

Photo of Róisín ShortallRóisín Shortall (Dublin North West, Labour)
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Question 170: To ask the Minister for Finance the value of the pension payment on an annualised basis to the highest paid public sector pensioner in each of the public bodies under the remit of his Department and all public service pensioners not paid by the Office of the Paymaster General; the number in receipt of this level of pension; and the total number in receipt of a pension in excess of €155,000 and in each bracket below this at intervals of €20,000. [35248/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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The Office of the Paymaster General, which is part of my Department, pays pensions to retired Civil Servants as well as Ministerial, Judicial and other former office holders. The highest paid public sector pensioners in each of the public bodies under the remit of my Department and whose pensions are not paid by the Office of the Paymaster General are as follows: €88,000 (IPA), €205,043 (Central Bank) and €99,757 (ESRI).

The position regarding the NTMA is that since its inception the remuneration packages of all National Treasury Management Agency staff, including staff assigned to associated bodies, have been negotiated on an individual contract basis and are confidential. In line with the recommendation in the Code of Practice for the Governance of State Bodies that State Bodies publish the salary of the Chief Executive Officer in their Annual Report, it is the Chief Executive's intention to publish details of his remuneration in future NTMA Annual Reports.

With regard to the bodies under the remit of my Department, in respect of which pensions are not paid by the Office of the Paymaster General, the following table outlines levels of gross pension and the number of payees payable at each level, in €20,000 intervals.

Level of gross annual pension payableNumber of payees
Above €155,0004
Between €135,000 and €154,9996
Above €115,000 but less than €134,9991
Above €95,000 but less than €114,9992
Above €75,000 but less than €94,9998
Above €55,000 but less than €74,99910
Above €35,000 but less than €54,99915
Above €15,000 but less than €34,99924
Nil up to €14,99931

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