Written answers
Tuesday, 16 July 2013
Department of Finance
IBRC Expenditure
Pearse Doherty (Donegal South West, Sinn Fein)
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200. To ask the Minister for Finance the amount and details of pension entitlements paid out to the former directors and non-executive directors of the Irish Resolution Bank Corporation since the date of nationalisation of the bank. [34247/13]
Pearse Doherty (Donegal South West, Sinn Fein)
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201. To ask the Minister for Finance the amounts and details of any pension lump sums paid out to the former directors and non-executive directors of the Irish Resolution Bank Corporation since the date of nationalisation of the bank. [34248/13]
Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 200 and 201 together.
I am advised that the pension schemes are operated independently from the bank under distinct rules and legislation. Pension entitlements are paid from the funds of the relevant schemes and in accordance with the rules of the particular scheme. I am advised by the Special Liquidators that they cannot comment on the emoluments of individual staff members of IBRC (in Special Liquidation).
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