Michael McGrath (Cork South Central, Fianna Fail)
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Question 435: To ask the Minister for Communications, Energy and Natural Resources if he will provide a list of the commercial semi-state companies under his remit whose chief executives have agreed to take a voluntary salary cut to bring them within the €250,000 salary cap (details supplied); and if he will make a statement on the matter. [22380/11]

Pat Rabbitte (Dublin South West, Labour)
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My colleague, the Minister for Public Expenditure and Reform, Brendan Howlin, T.D. recently announced the terms of a Government Decision for the introduction of pay ceilings for higher posts across the public service and for CEO posts in Commercial State Companies.

In addition, the Government signalled its intention to seek voluntary waivers of 15% of salary from current incumbents whose salaries are in excess of these figures or a lesser amount if the application of the full 15% reduction would bring their salary level below the thresholds.

I can confirm that there are currently 3 CEO posts in Commercial semi-State companies under my remit where salary levels exceed €250,000. These are ESB, An Post and Bord Gáis Éireann.

I have recently written to the chairs of the above bodies on the issue of a voluntary pay adjustment from the incumbent CEOs of these bodies and I await a response.