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Public Sector Remuneration

Dáil Éireann Debate, Thursday - 2 February 2012

Thursday, 2 February 2012

Ceisteanna (127)

Michael McCarthy

Ceist:

125 Deputy Michael McCarthy asked the Minister for Jobs, Enterprise and Innovation if he will issue a breakdown of the remuneration packages in place for chief executive officers of all semi-State companies here as of 27 January 2011, specifying in detail any bonus, pension, expenses or other arrangements; and if he will make a statement on the matter. [6428/12]

Amharc ar fhreagra

Freagraí scríofa

The remuneration of the Chief Executive Officers (CEOs) of semi-State agencies that fall under the aegis of the Department of Jobs, Enterprise and Innovation is as set by the Department of Public Expenditure and Reform. The information is as follows:

Agency

Remuneration

PPC

Non-PPC

IDA Ireland

€189,115

€179,659

Enterprise Ireland

€189,115

€179,659

Science Foundation Ireland

€180,109

€175,999

Shannon Free Airport Development Co. Ltd.

€154,183

€146,473

The National Standards Authority of Ireland

€154,183

€146,473

The Health and Safety Authority

€153,885

€146,191

Forfás

€189,115

€179,659

The County Enterprise Boards

N/A

€67,115 to €87,126

Irish Auditing and Accounting Supervisory Authority

€132,511

€125,886

The Personal Injuries Assessment Board

€168,379

€159,959

The National Consumer Agency

€176,800

€168,000

The Competition Authority

€164,464

€156,240

The Labour Relations Commission

€176,800

€168,000

Bonus

There are no bonus payments payable to the CEOs of the above agencies.

Pension

Each CEO is obliged to be a member of the staff Superannuation scheme of their respective agency. Pensions are calculated as 1/80th of pensionable remuneration per year of reckonable service, subject to a maximum of 40/80ths. Lump sums are calculated as 3/80ths of pensionable remuneration per year of service, subject to a maximum of 120/80ths.

Expenses are a day to day matter for each agency.

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