Written answers

Tuesday, 20 June 2017

Photo of Bríd SmithBríd Smith (Dublin South Central, People Before Profit Alliance)
Link to this: Individually | In context | Oireachtas source

235. To ask the Minister for Finance further to Parliamentary Question No. 378 of 23 May 2017, if he will provide the figures for all pension contributions made by public sector workers in each body under the aegis of his Department, excluding those in the Civil Service, including the pension levy, in each of the years 2010 to 2016 and to date in 2017. [26972/17]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

Of the eighteen bodies under the aegis of my Department, I have been advised that in eight bodies, there are no pension contributions made by public sector workers including the pension levy in the years requested. These are the Comptroller and Auditor General, the Credit Union Advisory Committee, the Disabled Drivers Medical Board of Appeal, the Financial Services Ombudsman Council, the Irish Financial Services Appeals Tribunal, the Office of the Revenue Commissioners, the Social Finance Foundation and the Tax Appeals Commissioner.

With respect to the Credit Review Office, office staff are seconded from Enterprise Ireland and as this is a body under the aegis of the Department of Jobs, Enterprise and Innovation, any pension contributions are a matter for that Department.

With respect to the Investor Compensation Company Limited (ICCL), staff are seconded from the Central Bank of Ireland (CBI), processed through the CBI payroll and subject to the CBI pension scheme. In this regard, please refer to Central Bank of Ireland data in the table.

Details of pension contributions made by public sector workers, excluding those in the civil service, including the pension levy, in each of the years requested and to date in 2017 in the remaining bodies are detailed in the table below. 

Body

The figures for all pension contributions made by public sector workers  excluding those in the civil service, including the pension levy, in each of the years 2010 to 2016 and to date in 2017
Central Bank2010: 7.7m

2011: 9.1m

2012: 10.3m

2013: 10.4m

2014: 10.2m

2015: 10.4m

2016: 10.7m

2017 to date: 3.6m 
Credit Union Restructuring Board (ReBo)2010, 2011 & 2012 – NIL

2013: €6,737.52

2014: €26,012.90

2015: €28,831.04

2016: €26,508.15

2017: €3,660.20

(ReBo is being wound down at present with only 2 staff members remaining, both of whom will finish up at end of July following the dissolution of ReBo. All staff members were employed on contract basis for the lifetime of ReBo).
Financial Services Ombudsman Bureau2010: 190,315

2011: 236,236

2012: 220,127

2013: 238,164

2014: 225,452

2015: 197,447

2016*: 190,924

2017*: 83,169 

*2016 / 2017 figures unaudited; 2017 to end May
Irish Bank Resolution CorporationThere were four pension schemes in place at the date of the appointment of the Special Liquidators. Three of the schemes were wound up in the weeks following the appointment and the fourth scheme was wound up on 16 March 2016.



Following the decision to wind up the remaining scheme effective from 11 March 2016, current IBRC employees were offered the opportunity to make contributions to a Personal Retirement Savings Account (PRSA).



The employee contributions since the appointment of the Special Liquidators are as follows:

2013: Employee Contribution €1,747,618

2014: Employee Contribution €801,578

2015: Employee Contribution €428,961

2016: Employee Contribution €136,436

2017: (up to 30 April) Employee Contribution €4,369



Note: The information provided is for the period from 2013 to date. Information prior to the appointment of the Special Liquidator in 2013 is not readily available and the compilation of this information would incur a significant expense given that all legacy systems are no longer operational.
Irish Fiscal Advisory Council2011: €6,563.19

2012: €3,683.26

2013: €3,962.44

2014: €19,312.98

2015: €22,814.93

2016: €16,713.39

2017 (up to May 2017): €10,172.98.
National Treasury Management Agency

2010: €2,222,499.93

2011: €2,919,248.56

2012: €3,382,212.91

2013: €3,828,967.24

2014: €4,635,784.11

2015: €5,000,422.91

2016: €4,659,122.70

2017(to May): €2,017,152.84

*The National Treasury Management Agency assigns staff to the National Asset Management Agency and the Strategic Banking Corporation of Ireland

Comments

No comments

Log in or join to post a public comment.