Mary Lou McDonald (Dublin Central, Sinn Fein)
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Question 116: To ask the Minister for Finance if he will provide the following information regarding the agencies operating under his aegis (details supplied) namely, the total number of whole time equivalent staff, the total number of board members, the chairperson's and board members' respective remuneration packages, the total annual wage bill and the total amount of central funding provided to the agency inclusive of wage bill. [30915/11]

Michael Noonan (Limerick City, Fine Gael)
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In response to the Deputy's question information in relation to bodies listed and which come under the aegis of my Department is as follows: Details requested in respect of the Office of the Appeals Commissioners and Office of the Revenue Commissioners are available in the revised estimates for 2011.

The National Development Finance Agency (NDFA) performs its functions through the National Treasury Management Agency (NTMA). The NTMA had 39 members of staff directly assigned to the NDFA at end-September 2011.

There are eight members of the NDFA Board. The Chairman and Chief Executive of the NDFA (the CEO and a director of the NTMA respectively) receive no fee. The remaining 6 ordinary board members receive a fee of €12,600 per annum, which takes into account a 10% reduction in fees agreed by the Board at the request of the Minister for Finance in 2009. Board fees are charged to the Central Fund.

The National Pensions Reserve Fund (NPRF) is controlled and managed by the NPRF Commission. The NTMA is the Manager of the National Pensions Reserve Fund and the Commission performs its functions through the Manager. The NTMA had 13 members of staff directly assigned to the NPRF at end-September 2011.

There are seven members of the National Pensions Reserve Fund Commission. The Chairperson is paid €51,424 per annum and ordinary members of the Commission (other than the Chief Executive of the NTMA who is an ex-officio member of the Commission and does not receive a fee) are paid €34,283. These fees take into account a 10% reduction in fees agreed by the Board at the request of the Minister for Finance in 2009). The fees paid to the Commission are charged to the National Pensions Reserve Fund.

The NTMA's shared services (Finance, HR, IT, etc.) provide support to all of the Agency's business functions, including the NDFA and the NPRF.

The expenses of the NTMA, including staff costs, are paid directly from the Central Fund. NAMA reimburses the NTMA the costs of staff assigned to NAMA and the costs of business and support services provided to NAMA from its own resources. The costs incurred by the NTMA in its role as Manager of the NPRF are set out in the accounts of the National Pensions Reserve Fund. These costs amounted to €4.5 million in 2010. The costs incurred by the NTMA in relation to the NDFA are set out in the accounts of the NDFA. These costs amounted to €7.1 million in 2010.

Fees and expenses incurred by the NPRF Commission, other than the expenses of the NTMA as out above, are charged to the NPRF.

Amounts are advanced from the Central Fund to fund the payment of external advisory fees and expenses incurred by the NDFA in the performance of its financing and advisory functions in relation to specific investment projects. These fees and expenses are reclaimed from State authorities and the amounts advanced are then repaid to the Exchequer.