Michael McGrath (Cork South Central, Fianna Fail)
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To ask the Minister for Finance the total redundancy payments made to employees of IBRC under schemes offered by the firm; the number of employees concerned; the terms offered; and if he will make a statement on the matter. [9525/13]

Michael Noonan (Limerick City, Fine Gael)
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Following the liquidation of IBRC, employees will be entitled to apply for a statutory redundancy payment, a payment in respect of accrued but unused annual leave and a statutory notice payment, subject to the limits prescribed by statute. As the Deputy can appreciate it will take some time to process the forms associated with the above payments and therefore it will be some time before the Special Liquidators will be in a position to provide the information.