Dáil Éireann Debate, Tuesday - 19 November 2013
192. Deputy Denis Naughten asked the Minister for Finance if a person (details supplied) is receiving a pension from the former Anglo Irish Bank; the value of that pension; if these payments are made from a private pension fund or through an Exchequer supported fund; and if he will make a statement on the matter. [49213/13]
View answerI am advised that no Exchequer support was used to fund the pension entitlements of the individual referred to. I am further advised that Pension Schemes that were available to staff at the Anglo Irish Bank included defined benefit schemes (which closed to new membership in 1994) and a defined contribution scheme. These schemes are funded schemes, and are operated by appointed trustees. The schemes are operated independently from the bank under distinct rules and legislation. I am advised by the Special Liquidators that that due to obligations under Data Protection Acts 1988 and 2003 they cannot comment on the emoluments of individual staff members of IBRC (in Special Liquidation).
