Clare Daly
Question:139. Deputy Clare Daly asked the Minister for Agriculture, Food and the Marine the present remuneration package for the CEO of Coillte Ireland; and his plans to reduce this package. [47690/12]
View answerTuesday, 6 November 2012
Questions (139)
Written answers
The present remuneration package of the Chief Executive Officer of Coillte Teoranta includes a basic salary of €265,252 per annum, a pension contribution (equating to 25% of base salary), a car allowance and health insurance. There is also provision for the payment of Performance Related Awards. In relation to the latter, the Government has decided to continue the policy of requesting Commercial State Companies not to award such bonus payments in recognition of the serious state of the public finances.
The Government agreed, in June 2011, to the adoption of a general policy that a salary ceiling of €250,000 will apply to future appointments of Chief Executive Officers of Commercial State Companies.