Written answers
Tuesday, 26 February 2013
Department of Finance
IBRC Staff
Michael McGrath (Cork South Central, Fianna Fail)
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To ask the Minister for Finance the number of retired executives of Irish Bank Resolution Corporation in special liquidation, if any that had been written to by the bank prior to the appointment of a special liquidator asking that they consider voluntarily forgoing a portion of their pension; the number that responded positively, negatively, or not at all; the number of the retired executives that have since actually foregone some of their pension entitlement and the overall value of the pensions entitlements that have been foregone by retired executives of the bank. [10299/13]
Michael Noonan (Limerick City, Fine Gael)
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I have been informed that as far as the Special Liquidators are aware, retired executives had not been written to by IBRC requesting that they consider voluntarily foregoing a portion of their pension.
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