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NAMA Staff Remuneration

Dáil Éireann Debate, Tuesday - 12 February 2019

Tuesday, 12 February 2019

Questions (191)

Michael McGrath

Question:

191. Deputy Michael McGrath asked the Minister for Finance the amount paid out by the National Asset Management Agency in voluntary redundancy payments in 2018; the number of staff who took voluntary redundancy in 2018; and if he will make a statement on the matter. [7106/19]

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Written answers

I draw the Deputy's attention to page 113 of NAMA's Annual Report and Financial Statements for 2017 which sets out Note 10.1 - Staff costs. I am advised that an amount of €0.8m was incurred in respect of 10 members of staff who departed under the 2017 Voluntary Redundancy Scheme. Two employees left in 2017 and a further eight were placed on garden leave in 2018 in advance of their departure.

The figures in respect of the 2018 Voluntary Redundancy Scheme will be published in mid-2019 in NAMA’s Annual Report and Financial Statements for 2018.

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