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Banking Sector Staff Issues

Dáil Éireann Debate, Tuesday - 6 November 2012

Tuesday, 6 November 2012

Questions (260, 261)

Pearse Doherty

Question:

260. Deputy Pearse Doherty asked the Minister for Finance in respect of Irish Life and Permanent, the number of employees and total remuneration including benefits for the 12 months ending 2010 and 12 months ending 2011 and in the annual accounts for the previous two years. [48609/12]

View answer

Pearse Doherty

Question:

261. Deputy Pearse Doherty asked the Minister for Finance in respect of Permanent TSB, the number of employees and total remuneration including benefit for the six months ending 30 June 2012. [48610/12]

View answer

Written answers

I propose to take Questions Nos. 260 and 261 together.

I am advised by the institution that the information the Deputy seeks is as follows:

Period/Institution

Staff Costs (€m) *

Average number of Staff reported at period end

6 Months ended 30 June 2012 (Ptsb)

72

2,176

Year ended 31 Dec 2011 (IL&P)

410

4,323

Year ended 31 Dec 2010 (IL&P)

342

4,338

Year ended 31 Dec 2009 (IL&P)

208

4,694

Year ended 31 Dec 2008 (IL&P)

578

5,053

* Staff costs includes, but is not limited to, the following:

* Wages and Salaries

* Pension Costs

* Social Security Costs

* Share Based Payment Costs

All figures are as listed in the end of year Report and Accounts and the Interim Report for the 6 months ending June 2012, which are available on the institution’s website and provide a more detail breakdown of staff costs.

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