Written answers
Thursday, 17 November 2016
Department of Jobs, Enterprise and Innovation
Semi-State Bodies Remuneration
Michael McGrath (Cork South Central, Fianna Fail)
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285. To ask the Minister for Jobs, Enterprise and Innovation the details of all pension top-ups paid in respect of chief executives of semi-State companies under the aegis of her 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 she will make a statement on the matter. [35885/16]
Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
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Enterprise Ireland is the only Semi State Company under the aegis of my Department to pay a pension top up to it CEO during the period in question. Frank Ryan former CEO of Enterprise Ireland was awarded 3.824 added years to his pension in accordance with the terms of the 1998 Severance and Early Retirement Scheme to CEO’s of State Sponsored Bodies. Details of the additional amounts paid are listed in the following table.
Agency | Additional Years | Additional Pension p.a | Additional Net Lump Sum | Date of Payment | Approved by Dept. |
---|---|---|---|---|---|
Enterprise Ireland | 3.8247 | €9,041.35 | €14,466.17 | 7/3/2014 | Yes |
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