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Departmental Agencies Staff Remuneration

Dáil Éireann Debate, Thursday - 3 December 2015

Thursday, 3 December 2015

Questions (94)

Michael McGrath

Question:

94. Deputy Michael McGrath asked the Minister for Finance the agencies, other than the National Asset Management Agency and the Central Bank of Ireland, which pay retention or bonus payments to staff; the bonuses or retention payments made in 2014 and in 2015 to date; the numbers of staff receiving these payments; the highest individual payment received at each agency, in tabular form; and if he will make a statement on the matter. [43392/15]

View answer

Written answers

In response to the Deputy's query please find, in tabular form details of retention and bonus payments if any paid to staff; the bonuses or retention payments made in 2014 and in 2015 to date; the numbers of staff receiving these payments; the highest individual payment received at each agency, by bodies under the aegis of the Department of Finance in 2014/2015.

I would ask the Deputy to note that the amounts in relation to the National Treasury Management Agency in the table below relate to performance-related payments and retention payments made in 2014 and in 2015 which were paid in respect of the prior year.  The NTMA Annual Report 2014 outlines performance related payments in 2015 in respect of 2014.

The Staff of Strategic Banking Corporation of Ireland are seconded from NTMA. The NTMA advises no performance-related or retention payments were made to staff assigned to SBCI in either 2014 or 2015.

Body

Are retention or bonus payments made to staff

The bonus or retention payments made in 2014

Numbers of staff receiving such payments in 2014

Highest individual payment received 2014

The bonus or retention payments made in 2015 to date

Numbers of staff receiving such payments in 2015 to date

Highest individual payment received 2015 to date

Office of the Appeals Commissioners

Nil

Nil

Nil

Nil

Nil

Nil

Nil

C&AGs

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Credit Reviewer

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Credit Union Advisory Committee

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Credit Union Restructuring Board (ReBo)

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Disabled Drivers Medical Board of Appeal

No retention or bonus payments

Nil

Nil

Nil

Nil

Nil

Nil

Financial Services Ombudsman Bureau

No bonus or retention payments to any staff member in 2014 or 2015

Nil

Nil

Nil

Nil

Nil

Nil

Financial Services Ombudsman Council

No bonus or retention payment made to any Council member in 2014 or 2015

Nil

Nil

Nil

Nil

Nil

Nil

Investor Compensation Company Limited

No retention or bonus payments made to ICCL staff in 2014 or2015

Nil

Nil

Nil

Nil

Nil

Nil

Irish Bank Resolution Corporation

Not applicable to IBRC (in special liquidation)

Nil

Nil

Nil

Nil

Nil

Nil

Irish Financial Services Appeals Tribunal

No staff 

Nil

Nil

Nil

Nil

Nil

Nil

Irish Fiscal Advisory Council

Nil

Nil

Nil

Nil

Nil

Nil

Nil

National Treasury Management Agency

Yes1

€136,500

12

 €60,000

€189,200 in total

19

€60,000

Office of the Revenue Commissioners

Revenue Commissioners did not pay retention or bonus payment to any of their staff in 2014 or 2015

Nil

Nil

Nil

Nil

Nil

Nil

Social Finance Foundation

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Strategic Banking Corporation of Ireland

Staff seconded  from NTMA. The NTMA   advises no performance-related or retention payments were made to staff assigned to SBCI in either 2014 or 2015

Nil

Nil

Nil

Nil

Nil

Nil

1 The numbers above relate to performance-related payments and retention payments made in 2014 and in 2015 which were paid in respect of the prior year.

The NTMA Annual Report 2014 outlines performance related payments in 2015 in respect of 2014.

The following revision was received from the Department on 11 December 2015:

The National Treasury Management Agency (NTMA) has advised the Minister for Finance of the following correction to the table:

Body

Are retention or bonus payments made to staff

The bonus or retention payments made in 2014

Numbers of staff receiving such payments in 2014

Highest individual payment received 2014

The bonus or retention payments made in 2015 to date

Numbers of staff receiving such payments in 2015 to date

Highest individual payment received 2015 to date

National Treasury Management Agency

Yes1

€136,500

12

 €60,000

€199,200 in total

20

€60,000

1 The numbers above relate to performance-related payments and retention payments made in 2014 and in 2015. The NTMA Annual Report outlines performance related payments in 2015 in respect of 2014.

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