Dáil Éireann Debate, Wednesday - 18 September 2013
828. Deputy Mary Lou McDonald asked the Minister for Communications, Energy and Natural Resources the full year saving to the Exchequer if all commercial semi-State CEO's pay under the aegis of his Department were reduced by 10%; and if he will make a statement on the matter. [39259/13]
View answer829. Deputy Mary Lou McDonald asked the Minister for Communications, Energy and Natural Resources the full year saving to the Exchequer if all non-commercial State-sponsored bodies CEO salaries under the aegis of his Department were reduced by 10%; and if he will make a statement on the matter. [39268/13]
View answerI propose to take Questions Nos. 828 and 829 together.
In June 2011 the Government set pay rates for newly appointed CEOs to Commercial Semi State Companies. This information is available on the Department of Public Expenditure and Reform website at www.per.gov.ie .
If the combined Commercial CEO salaries were reduced by 10%, there would be an annual saving of around €145,000 gross, before adjustment for tax, PRSI and other payroll deductions.
All directions issued by the Government in relation to remuneration of CEOs in non-commercial Semi State Companies, including reductions arising from the implementation of the Haddington Road Agreement, have been brought to the attention of the relevant State Companies.
If the combined non-Commercial CEO salaries were reduced by 10%, there would be a saving of just under €100,000 gross, before adjustment for tax, PRSI and other payroll deductions.
