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Appointments to State Boards

Dáil Éireann Debate, Tuesday - 28 February 2012

Tuesday, 28 February 2012

Questions (134)

Sean Fleming

Question:

176 Deputy Sean Fleming asked the Minister for Finance if any State board appointees have volunteered to waive their fee or expenses; the names of such persons; the corresponding savings to the State; and if he will make a statement on the matter. [11895/12]

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Written answers

In response to the Deputy's question the following table outlines the position in relation to boards under the aegis of my Department. While no appointees have volunteered to waive their fee or expenses a number have made voluntary reductions in relation to the fees paid.

Details in respect of board members voluntary reduction in fees.

Board/Body Name

Name of current board members

Remuneration details in respect of board members and board chairpersons

National Treasury Management Agency Advisory Committee

Mr. David Byrne (Chairman)Mr. Hugh CooneyMr. Kevin CardiffMr. Brendan McDonagh*Mr. Tytti NorasMr. Donald C. Roth1 Vacancy*Different individual to B. McDonagh, CEO of NAMA

Chair — €50,000. Agreed to make a gift of 10% of 2009 remuneration to the Minister for Finance under s483 of the Taxes Consolidation Act.€25,000 Ordinary Members. Agreed to make a gift of 10% of remuneration to the Minister for Finance under s483 of the Taxes Consolidation Act from 1 January 2009. Mr Kevin Cardiff Secretary General Department of Finance received no fees.

National Pensions Reserve Fund Commission

Mr. Paul Carty — ChairmanMr. John A. Canning Jr.Dr. Brian HilleryProf. Frances RuaneMr. Maurice KeaneMr. Knut N. KjaerMr. John Corrigan (ex-officio)

€51,424 (Chair)€34,283 (Ordinary members)This takes into account a 10% reduction in annual remuneration from 30 September 2009Mr Corrigan does not receive a fee

Irish Bank Reconciliation Company

Mr. Alan Dukes (Chairman)

volunteered to take an annual fee of €150,000 effective from his date of appointment as Chairman. This fee is €100,000 lower than contractual fee of €250,000 which was agreed for this role.

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