Michael McGrath (Cork South Central, Fianna Fail)
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133. To ask the Minister for Finance if any staff members of the National Treasury Management Agency or National Asset Management Agency are to receive a bonus payment for 2016; if so, the total amount being paid out in bonuses by the NTMA in respect of 2016; the number of staff that are to receive a bonus; the highest individual amount paid out; and if he will make a statement on the matter. [8174/17]

Michael Noonan (Limerick City, Fine Gael)
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I am informed by the National Treasury Management Agency (NTMA) that no performance related payments have been made to date by the NTMA in respect of financial year 2016. Any performance related payments made in respect of financial year 2016 will be published in the NTMA's 2016 Annual Report.

Performance related payments made in 2016 in respect of financial year 2015 totalled €492,500 and were paid to 60 people. These payments were published in the NTMA's 2015 Annual Report. The highest individual payment was €20,000.

I am also advised that no such performance related payments were made to any staff assigned to the National Asset Management Agency (NAMA) in respect of financial year 2015.