Dáil Éireann Debate, Thursday - 10 July 2008
66 Deputy Leo Varadkar asked the Minister for Finance the pay and emoluments granted to the chief executive officer, or equivalents, of all of the agencies under the control of his Department; and if he will make a statement on the matter. [28398/08]
View answerThe remuneration of the CEO of the one State agency, funded from the Vote of my Department, is as follows:
Special EU Programmes Body: The salary scale for the CEO which is paid in Sterling ranging from £60,017 to £83,430. In addition there is also an annual performance bonus structure in place in which the Chief Executive can be awarded from a minimum bonus of £nil up to a maximum bonus of £10,000, dependent on assessment of performance by Department of Finance and Department of Finance and Personnel (to be assessed against 2008 year objectives). The CEO is a member of the North/South pension scheme and will receive an annual pension and lump sum on retirement.
Of the other State Agencies which come under the remit of my Department, the remuneration for the CEO of the Central Bank and Financial Services Authority of Ireland, is a matter for the Board of the individual authorities. The remuneration packages of all National Treasury Management Agency staff, including that of its CEO and the CEO of the National Development Finance Agency, are negotiated on an individual contract basis and are confidential. The administration accounts (including pay and pensions, etc.) of the NTMA are audited by the Comptroller & Auditor General each year.
