Written answers

Thursday, 19 July 2012

Department of Finance

National Treasury Management Agency

5:00 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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Question 72: To ask the Minister for Finance if he will provide details of the number of persons employed by the National Treasury Management Agency, showing the details for National Asset Management Agency staff separately, who received bonus payments in respect of 2011; the overall amount that was paid; the highest amount paid to any person; and the average payment to the employees in question. [36103/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I have been informed by the National Treasury Management Agency (NTMA) that the members of the NTMA senior management team 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 totalling €1,981,760 to 258 staff members in respect of 2010.

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