Michael McGrath (Cork South Central, Fianna Fail)
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131. To ask the Minister for Finance the details of all pension top-ups paid in respect of chief executives of semi-State companies under the aegis of his Department, including the name of the organisation, the name of the chief executive, the amount of the top-up, the date of payment, and if the top-up was approved by his Department in each of the years 2011 to 2016 to date in tabular form; and if he will make a statement on the matter. [36060/16]

Michael Noonan (Limerick City, Fine Gael)
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There is one body under the aegis of my Department which could be referred to as a semi-state company.

The Strategic Banking Corporation of Ireland (SBCI) is a private limited company established under the Strategic Banking Corporation of Ireland Act 2014. The SBCI was formed and registered under the Companies Acts. The issued share capital of the SBCI is owned solely by the Minister for Finance. I am advised by the SBCI that it does not generally consider itself a semi-state company in the usual course of business, it does not have its own staff, the staff of the SBCI are employees of the NTMA who are assigned to the SBCI. I am also advised that the Chief Executive of the SBCI, Nick Ashmore is a member of the NTMA defined benefit pension scheme and does not receive top ups.