Written answers
Thursday, 29 November 2012
Department of Finance
Banking Sector Remuneration
Michael McGrath (Cork South Central, Fianna Fail)
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To ask the Minister for Finance further to Parliamentary Question No. 55 of 7 November 2012, if he will now provide the information requested; and if he will make a statement on the matter. [53634/12]
Michael Noonan (Limerick City, Fine Gael)
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I have been informed by the covered institutions that there are 9,033 retired employees (or their spouses/dependants) receiving a pension from those institutions.
As the Deputy will be aware these retired employees belong to private pension schemes which are overseen by pension trustees.
To comply with the provisions of the Data Protection legislation it has been necessary to aggregate the information and as a result I am limited to providing the total number of retired employees in receipt of a pension of over €100,000. As the Deputy can see from the table below there are only 167 retired employees currently receiving pensions over €100,000 out of a total pool of 9,033 retired employees across the covered institutions. Less than 2% of the retired employees are in receipt of pensions greater than €100,000.
AIB | BOI | IBRC | PTSB | Total | |
---|---|---|---|---|---|
Total number of retired employees in receipt of a pension over €100,000 | 88* | 52 | 16 | 11 | 167 |
Total number of retired employees in receipt of a pension | 3,380 | 5,300 | 57 | 296 | 9,033 |
*Includes the pensions of EBS staff.
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