Written answers

Wednesday, 13 June 2012

Department of Finance

Public Service Remuneration

9:00 pm

Photo of Robert DowdsRobert Dowds (Dublin Mid West, Labour)
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Question 68: To ask the Minister for Finance the extent of bonuses paid to senior county council officials, senior bank officials and senior officials in semi-State companies for the year 2011, and the numbers of persons involved in each category. [28904/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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In response to the Deputy's question the members of the NTMA senior management team - ten people including the Chief Executives of the NTMA, NDFA and NAMA – waived any consideration for performance-related pay in respect of 2011 (as they did previously in respect of 2010). The NTMA made performance-related payments to five key staff in respect of 2011. These payments in aggregate totalled €62,610. This compares with payments totaling €1,981,760 to 258 staff members in respect of 2010. In addition, all NTMA employees whose salaries exceed €200,000 have agreed to my request that they waive 15% of salary or such amount of salary as exceeds €200,000 if application of the full 15% reduction would bring their salary to below €200,000.

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