Vol. 466 No. 1
34 Mr. D. Ahern asked the Minister for Transport, Energy and Communications if he will make a full disclosure to Dáil Éireann in respect of the total pay and expenses of all chief executives of all the State companies under the aegis of his Department in view of his request for this information from the bodies concerned; and if he will make a statement on the matter. [9070/96]
The remuneration of the chief executives in State companies is set out by the Review Body on Higher Remuneration in the public sector.
I have recently received written confirmation from the chairpersons of eight of the State companies under the aegis of my Department that the basic salary of their chief executives is fully in conformity with the levels stipulated in the review body's most recent report.
In the case of two of the State companies under my aegis, the chief executives are on personal rates, negotiated as part of their service contracts agreed by Government, which are above the rates set out by the review body. These rates are confidential. It should be noted, however, that in the event of either chief executive leaving their post, their successor would be paid the rate set by the review body for the post, unless specifically authorised otherwise.
The question of the level of expenses and other non-pay elements of the chief executives' employment contracts is currently under review by officials in my Department and therefore I am unable to comment on the matter at this time.
