Dáil Éireann Debate, Wednesday - 6 March 2024
62. Deputy Carol Nolan asked the Minister for Finance to clarify the number of redundancies, or so called ‘exit-packages’, that have been paid to staff or personnel at any level of seniority in his Department, or in any agency or body under the aegis of his Department, from 2018 to date; the value of each and the total value, in tabular form; and if he will make a statement on the matter. [10985/24]
View answerAll lump sum payments to civil servants retiring from the Department of Finance are paid from Vote 12 Superannuation and Retired Allowances overseen by the Minister for Public Expenditure, NDP Delivery and Reform subject to normal eligibility requirements.
Ministerial personal staff employed on temporary contracts are entitled to severance/ex-gratia payments, including statutory redundancy, when such contracts are terminated, which is mainly following a change of Government. The severance terms are set out by the Department of Public Expenditure, NDP Delivery and Reform and are based on salary, aligned to civil service pay scales, and years’ service. All such severance/ex-gratia payments under these terms are calculated and paid out by the National Shared Services Office and published each year in the Department’s Appropriation Account. Details for the 2023 Appropriation Account are currently being finalised.
Redundancy terms for the bodies under the aegis of my Department are consistent with those approved by the Department of Public Expenditure NDP Delivery and Reform. Any redundancies implemented in the timeline specified were within the terms set by the Department of Public Expenditure NDP Delivery and Reform. The National Asset Management Agency (NAMA), which is in wind down, has operated a redundancy scheme comprising redundancy payments and a retention payment since 2015. This scheme has been approved by the Minister for Finance since 2015.
