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IBRC Expenditure

Dáil Éireann Debate, Tuesday - 16 July 2013

Tuesday, 16 July 2013

Questions (200, 201)

Pearse Doherty

Question:

200. Deputy Pearse Doherty asked the Minister for Finance the amount and details of pension entitlements paid out to the former directors and non-executive directors of Irish Bank Resolution Corporation since the date of nationalisation of the bank. [34247/13]

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Pearse Doherty

Question:

201. Deputy Pearse Doherty asked the Minister for Finance the amounts and details of any pension lump sum paid out to the former directors and non-executive directors of the Irish Bank Resolution Corporation since the date of nationalisation of the bank. [34248/13]

View answer

Written answers

I propose to take Questions Nos. 200 and 201 together.

I am advised that the pension schemes are operated independently from the bank under distinct rules and legislation. Pension entitlements are paid from the funds of the relevant schemes and in accordance with the rules of the particular scheme. I am advised by the Special Liquidators that they cannot comment on the emoluments of individual staff members of IBRC (in Special Liquidation).

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