Written answers

Tuesday, 13 February 2018

Department of Finance

NAMA Staff Remuneration

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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140. To ask the Minister for Finance the number of staff at the National Asset Management Agency who received pay in 2017 in bands (details supplied); the number employed by the Agency at the end of 2016 and at the end of 2017; and if he will make a statement on the matter. [7109/18]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The year end 2016 and 2017 headcount of the National Treasury Management Agency (NTMA) assigned to the National Asset Management Agency (NAMA) is set out in the following table.

Year Headcount
2016 302
2017 264

The following table below shows the number of NAMA officers by relevant band. The numbers include staff members who left the NAMA during 2017 in addition to those employed at the end of the year. Therefore the table shows the base salary and/or remuneration at year end and the base salary and/or remuneration upon leaving employment for all staff on or above €100,001 in 2017.

NAMA
Relevant Band Salary Only Total Remuneration
€100,001 - €150,000 83 83
€150,001 - €200,000 15 15
€200,001 - €250,000 3 2
€250,001 - €300,000 1 2
€300,001 - €350,000 0 0
€350,001 - €400,000 0 0
In excess of €400,000 1 1
Total 103 103
Note:

- Relevant bands align to those published in the NAMA Annual Report.

- Total remuneration includes base salary and taxable benefits paid if any. The inclusion of taxable benefits may move individuals into the next relevant band.

- Remuneration does not include any payments relating to the NAMA redundancy programme i.e. statutory redundancy, ex-gratia redundancy and retention payments.

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