Written answers

Wednesday, 18 December 2013

Department of Finance

National Treasury Management Agency Staff

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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64. To ask the Minister for Finance the number of persons employed by the National Treasury Management Agency, including the National Asset Management Agency, who currently have a basic salary in excess of €100,000; the number in excess of €150,000; the number in excess of €200,000 and the number in excess of €250,000. [54551/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The following table, which is included in the National Treasury Management Agency Annual Reports and Accounts for the year ended 31 December 2012, sets out the salaries paid by the agency by salary band.

NTMA Salaries by Salary Band at End 2012

-NTMA (excluding NAMA)NAMATotal
Up to €50,0009225117
€50,001 to €75,0007149120
€75,001 to €100,0005258110
€100,001 to €125,000213960
€125,001 to €150,000143145
€150,001 to €175,00011920
€175,001 to €200,0004913
€200,001 to €225,000202
€225,001 to €250,000112
€250,001 to €275,000314
€275,001 to €300,000202
€300,001 to €325,000000
€325,001 to €350,000202
€350,001 to €375,000022
€375,001 to €400,000000
€400,001 to €425,000101
€425,001 to €450,000000
Total276224500

Notes:

1.The public service pension deduction is applied to NTMA employees.

2. In December 2011 the Minister for Finance requested NTMA employees whose salaries exceeded €200,000 to waive 15 per cent of salary or such amount of salary as exceeds €200,000 if application of the full 15% reduction would bring their salary to below €200,000. Reductions in respect of employees waiving such amounts are reflected in the above table.

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