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Public Service Staff

Dáil Éireann Debate, Tuesday - 22 May 2012

Tuesday, 22 May 2012

Ceisteanna (126)

Maureen O'Sullivan

Ceist:

212 Deputy Maureen O’Sullivan asked the Minister for Finance if his attention has been drawn to the estimate of (details supplied) that savings to the Exchequer €257m could be achieved by 2013 by applying a cap of €100,000 on public service salaries and a further €20 million in savings could be achieved by capping civil service pensioners only at €50,000 in 2013; if he will estimate the savings that could be achieved by him requiring that every financial institution which owes its existence to State support and taxpayer forbearance introduce a salary cap at the level of a Teachta Dála across the board to all members of personnel and if the same were to be required of every other agency, authority, board, council, commission or institution with a payroll function that draws upon the public purse and furthermore by him requiring that the maximum payment to any retired person in 2013 be limited to the maximum level available to a Teachta Dála; and if he will make a statement on the matter. [24898/12]

Amharc ar fhreagra

Freagraí scríofa

Any matters relating to remuneration for public service employees are a matter for my colleague, the Minister for Public Expenditure and Reform. Following the report of the Covered Institutions Remuneration Oversight Committee (CIROC) in February 2009, the then Government decided to implement a base salary cap of €500,000 to be applied to the CEO position at some of the covered institutions. This cap was waived on one occasion only in the case of the appointment of the CEO at Bank of Ireland and was sanctioned by the previous Government. The Deputy will be aware that the Department of Finance is currently undertaking a review of the remuneration policies and practices at the covered institutions. I fully recognise that there is a real public interest in the levels of remuneration at the covered institutions and have committed to placing the details underpinning the review, when completed, into the public domain.

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