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Pension Provisions.

Dáil Éireann Debate, Tuesday - 3 February 2009

Tuesday, 3 February 2009

Ceisteanna (84)

Róisín Shortall

Ceist:

177 Deputy Róisín Shortall asked the Tánaiste and Minister for Enterprise, Trade and Employment the severance package, pension and so on awarded to a person (details supplied); and the extent to which performance in office is linked to the value of such payments. [3387/09]

Amharc ar fhreagra

Freagraí scríofa

The Department of Finance sanctioned the following severance terms to the former Director General of FÁS:

superannuation benefits (Pension and Lump Sum) based on 40 years service, including added notional service, payable with effect from 26 November 2008, and

an ex-gratia payment, equivalent to 6 months salary.

During his time as Director General, Mr Molloy made a significant contribution to the development of FÁS, which came during a time of major change for the organisation.

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