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NAMA Staff Remuneration

Dáil Éireann Debate, Wednesday - 20 February 2019

Wednesday, 20 February 2019

Questions (90)

Micheál Martin

Question:

90. Deputy Micheál Martin asked the Minister for Finance if his attention has been drawn to the increased number of staff in NAMA that earn more than €100,000 per annum; and if he will make a statement on the matter. [8579/19]

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Written answers

I refer the Deputy to my response of 12 February 2019 in which I provided details of NAMA staff remuneration for 2018. It is important to highlight that the total of 98 staff, who were in receipt of remuneration in excess of €100,000 per annum outlined in that response, also included staff members who were employed and left NAMA during 2018.

Per my response to a PQ of a similar nature for 2017, given on 13 February 2018, the equivalent figure for 2017 was 103, showing a comparative decrease of 5 in the overall number of staff receiving pay in excess of €100,000 per annum over the period.

Remuneration information for year-end 2018 will be published in mid-2019 in NAMA’s Annual Report and Financial Statements for 2018. Such year-end information is at a point in time and includes staff who are scheduled to leave under voluntary redundancy and other leavers whose salaries are above €100,000 but who will remain on the payroll until their garden leave expires.

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