Written answers
Wednesday, 13 October 2010
Department of Finance
Semi-State Sector Remuneration
9:00 pm
Pat Breen (Clare, Fine Gael)
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Question 162: To ask the Minister for Finance if he will introduce legislation to reduce and cap the salaries of semi-State chief executive officers; and if he will make a statement on the matter. [36807/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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Staff, including chief executive officers, of commercial State Sponsored Bodies do not come within the provisions of the legislation providing for the public service pension-related deduction (pension levy) introduced with effect from 1 March 2009 or the reductions in pay of public servants introduced with effect from 1st January 2010. With the exception of chief executives, the Minister for Finance does not control the pay of staff of these bodies. I brought proposals to Government to review the arrangements governing the pay of chief executives. The Government has agreed that such a review should be undertaken. I will shortly announce further information on the nature of the review and the group to undertake it. Unlike the position in the commercial State Sponsored Bodies, staff of non-commercial State Sponsored Bodies, including the chief executive officers, come within the legislation referred to above and are subject to both the pension related deduction and to the reductions in pay.
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