Written answers
Tuesday, 28 February 2012
Department of Finance
Appointments to State Boards
8:00 pm
Seán Fleming (Laois-Offaly, Fianna Fail)
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Question 176: To ask the Minister for Finance if any State board appointees have volunteered to waive their fee or expenses; the names of such persons; the corresponding savings to the State; and if he will make a statement on the matter. [11895/12]
Michael Noonan (Limerick City, Fine Gael)
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In response to the Deputy's question the following table outlines the position in relation to boards under the aegis of my Department. While no appointees have volunteered to waive their fee or expenses a number have made voluntary reductions in relation to the fees paid.
Details in respect of board members voluntary reduction in fees.
| Board/Body Name | Name of current board members | Remuneration details in respect of board members and board chairpersons |
| National Treasury Management Agency Advisory Committee | Mr David Byrne (Chairman)Mr Hugh CooneyMr Kevin CardiffMr Brendan McDonagh*Mr Tytti NorasMr Donald C. Roth1 Vacancy*Different individual to B. McDonagh CEO of NAMA | Chair- €50,000. Agreed to make a gift of 10% of 2009 remuneration to the Minister for Finance under s483 of the Taxes Consolidation Act.€25,000 Ordinary Members. Agreed to make a gift of 10% of remuneration to the Minister for Finance under s483 of the Taxes Consolidation Act from 1 January 2009.Mr Kevin Cardiff Secretary General Department of Finance received no fees. |
| National Pensions Reserve Fund Commission | Mr. Paul Carty - ChairmanMr. John A. Canning Jr.Dr. Brian HilleryProf. Frances RuaneMr. Maurice KeaneMr. Knut N. KjaerMr John Corrigan (ex-officio) | €51,424 (Chair)€34,283 (Ordinary members)This takes into account a 10% reduction in annual remuneration from 30 September 2009Mr Corrigan does not receive a fee |
| Irish Bank Reconciliation Company | Mr Alan Dukes (Chairman) | volunteered to take an annual fee of €150,000 effective from his date of appointment as Chairman. This fee is €100,000 lower than contractual fee of€250,000 which was agreed for this role. |
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