Tommy Broughan (Dublin North East, Labour)
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220. To ask the Minister for Finance the pension arrangements in place for retired senior executives of the former Anglo Irish Bank; the cost to the Exchequer to maintain payments to these persons; and the number of former senior executives who are currently in receipt of pensions as a result of them having been employed by Anglo Irish Bank. [49515/13]

Michael Noonan (Limerick City, Fine Gael)
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I advised that Pension Schemes that were available to staff at Anglo Irish Bank included defined benefit schemes (which closed to new membership in 1994) and a defined contribution scheme. These schemes are funded schemes, and are operated by appointed trustees. The schemes are operated independently from the bank under distinct rules and legislation. Payments are not made from the Exchequer to fund these as 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 due to obligations under Data Protection Acts 1988 and 2003 they cannot comment on the emoluments of individual staff members of IBRC (in Special Liquidation).