Dáil Éireann Debate, Wednesday - 22 February 2012
124 Deputy Sean Fleming asked the Minister for Public Expenditure and Reform if, in respect of Secretaries General who are now on a reduced salary of €200,000 per annum, he will outline the amount upon which their pensions, lump sum and any severance payments will be based when they come to retire; and if he will make a statement on the matter. [10250/12]
View answerA number of Secretaries General appointed since this Government took office are on annual salaries of €200,000 or less, in line with the Government's policy in relation to the public service annual wage ceiling. Their superannuation and other entitlements, if any, will be determined on the basis of their salary on retirement. I refer to my reply to Question No. 3795/12 regarding the introduction by the Government of significantly revised exit terms for newly appointed Secretaries General on completion of their term of office.
There are seven post holders at Secretary General Level II and one post holder at Secretary General Level 1 who currently waive that portion of their salary which exceeds the annual public service wage cap of €200,000. Pension entitlements and any severance payments for these post holders, following the expiry of the grace period on 29 February next under the Financial Emergency Measures in the Public Interest Acts 2009-2011, will be based upon reduced annual pensionable remuneration of €228,466 in respect of Secretary General Level I and €215,590 in respect of Secretary General Level II.
