Written answers
Wednesday, 6 May 2015
Department of Finance
Banking Sector Remuneration
Catherine Murphy (Kildare North, Independent)
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157. To ask the Minister for Finance with regard to the report of a person's departure from Allied Irish Banks (details supplied), if he will provide full details of all forms of remuneration, including all benefits, temporary or otherwise, housing allowances, travel, or any type of payment, provided to the person on an annual basis, during that person's time at the bank; if that person will remain a member of the bank's defined benefit pension plan, and if that person will, at a certain point, be entitled to receive a pension; if so, when calculated by an actuarial pension specialist, the amount this equates to, in net present value terms; and if he will make a statement on the matter. [17659/15]
Michael Noonan (Limerick City, Fine Gael)
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As the Deputy will be aware details of the individual's remuneration including pension is reported annually in the bank's annual report and accounts. I can confirm that the individual is not a member of the bank's defined benefit pension scheme. Details of the individual's remuneration for 2014 and 2013 can be found on pages 180-182 of the 2014 report and for 2012 and 2011 can be found on pages 316-317 of the 2012 annual report.
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