Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance the number of staff that are on a total remuneration package including pension payments, allowances and benefits of between €100,000 and €200,000, between €200,000 and €300,000 and €300,000 and €400,000 and the number with more than €500,000 at all of the covered banking institutions, the National Treasury Management Agency and National Asset Management Agency. [51068/12]

Michael Noonan (Limerick City, Fine Gael)
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The institutions referred to in your question have supplied me with the following information:

Note 1: The data from AIB and IBRC is as of Nov-12, PTSB’s data refers to Dec-11 while BOI data is as of September 30th, 2012

Note 2: BOI has estimated total remuneration by taking base salary and adding 26% as an estimate of potential non-salary benefits such as pension provision and allowances. This estimate is in the absence of individualised assumptions and estimates regarding an individual’s usage of/eligibility for certain potential benefits.

Note 3: NAMA and NTMA figures do not include pension contributions. Pension contributions are not paid to individual employees, they are paid into the pension scheme.

As the Deputy will no doubt be aware the covered institutions have announced plans to reduce staff costs. AIB, BOI, IBRC and PTSB have announced voluntary severance schemes. Further information on these schemes can be found in the interim reports of the individual institutions.

AIB has reduced pay and benefits of higher earners by between 7.5% and 15% in H2 2012; AIB’s defined benefit pension scheme is to close from end 2012 for future service and other long standing staff benefits have been withdrawn. For other staff a pay freeze has been in operation since 2008 and the bank is in discussion with the IBOA to extend this to 2014.

Remuneration costs at IBRC have also been reduced as I disclosed in my response to PQ’s 48607/12 and 48608/12.

As the Deputy will also be aware my Department has engaged Mercer to carry out a detailed review of remuneration across the covered banks. The results of this review are expected by the end of the year.

Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance the number of staff at each of the covered banking institutions that have received bonuses of between €100,000 and €200,000, between €200,000 and €300,000 and €300,000 and €400,000 and the number with more than €500,000 since the introduction of the excess bank remuneration charge and the total revenue raised each from this charge since its introduction. [51069/12]

Michael Noonan (Limerick City, Fine Gael)
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The institutions referred to in your question have supplied me with the following information in relation to bonuses paid to staff since the introduction of the excess bank remuneration charge:

I am advised by the covered institutions who have disclosed information above that the total amount raised from the excess bank remuneration charge in respect of bonuses is zero.

Note: Bank of Ireland is unable to supply the details in the timeframe. However, it is the Minister’s understanding that they are in compliance with agreements with the State which prohibit bonuses save in exceptional circumstances such as meeting obligations on foot of a court order or pre-existing contractual commitments.