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Pension Provisions

Dáil Éireann Debate, Wednesday - 6 October 2010

Wednesday, 6 October 2010

Questions (105)

Róisín Shortall

Question:

170 Deputy Róisín Shortall asked the Minister for Finance the value of the pension payment on an annualised basis to the highest paid public sector pensioner in each of the public bodies under the remit of his Department and all public service pensioners not paid by the Office of the Paymaster General; the number in receipt of this level of pension; and the total number in receipt of a pension in excess of €155,000 and in each bracket below this at intervals of €20,000. [35248/10]

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Written answers

The Office of the Paymaster General, which is part of my Department, pays pensions to retired Civil Servants as well as Ministerial, Judicial and other former office holders. The highest paid public sector pensioners in each of the public bodies under the remit of my Department and whose pensions are not paid by the Office of the Paymaster General are as follows: €88,000 (IPA), €205,043 (Central Bank) and €99,757 (ESRI).

The position regarding the NTMA is that since its inception the remuneration packages of all National Treasury Management Agency staff, including staff assigned to associated bodies, have been negotiated on an individual contract basis and are confidential. In line with the recommendation in the Code of Practice for the Governance of State Bodies that State Bodies publish the salary of the Chief Executive Officer in their Annual Report, it is the Chief Executive's intention to publish details of his remuneration in future NTMA Annual Reports.

With regard to the bodies under the remit of my Department, in respect of which pensions are not paid by the Office of the Paymaster General, the following table outlines levels of gross pension and the number of payees payable at each level, in €20,000 intervals.

Level of gross annual pension payable

Number of payees

Above €155,000

4

Between €135,000 and €154,999

6

Above €115,000 but less than €134,999

1

Above €95,000 but less than €114,999

2

Above €75,000 but less than €94,999

8

Above €55,000 but less than €74,999

10

Above €35,000 but less than €54,999

15

Above €15,000 but less than €34,999

24

Nil up to €14,999

31

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