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Financial Services Sector Remuneration

Dáil Éireann Debate, Tuesday - 13 November 2012

Tuesday, 13 November 2012

Questions (212)

Pearse Doherty

Question:

212. Deputy Pearse Doherty asked the Minister for Finance if he will provide in tabular form, with respect to the Irish Life, the number of the staff whose annual salary at 31 December 2011 fell in the following bands €400,000 and above, €300,000 to €399,999, €200,000 to €299,999 and €150,000 to €199,999. [49500/12]

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Written answers

Irish Life has provided me with the following information as at 31 December 2011 in a slightly restricted form to that requested to ensure compliance with legal requirements to staff under Data Protection laws:

Basic Salary €

Number of Employees

150,000 - 199,999

27

200,000 – 399,999

9

400,000+

2

While not requested I can confirm that the remuneration of the individuals greater than €400,000 is already publically available in the 2011 annual report for Irish Life & Permanent Group Holdings where they were both executive directors prior to the separation of Irish Life from Permanent TSB in June 2012. The relevant annual report is available at www.permanenttsbgroup.ie.

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