Departmental Agencies Staff Remuneration

Dáil Éireann Debate, Thursday - 3 December 2015

Thursday, 3 December 2015

Ceisteanna (94)

Michael McGrath

Ceist:

94. Deputy Michael McGrath asked the Minister for Finance the agencies, other than the National Asset Management Agency and the Central Bank of Ireland, which pay retention or bonus payments to staff; the bonuses or retention payments made in 2014 and in 2015 to date; the numbers of staff receiving these payments; the highest individual payment received at each agency, in tabular form; and if he will make a statement on the matter. [43392/15]

Freagraí scríofa

Minister for Finance

In response to the Deputy's query please find, in tabular form details of retention and bonus payments if any paid to staff; the bonuses or retention payments made in 2014 and in 2015 to date; the numbers of staff receiving these payments; the highest individual payment received at each agency, by bodies under the aegis of the Department of Finance in 2014/2015.

I would ask the Deputy to note that the amounts in relation to the National Treasury Management Agency in the table below relate to performance-related payments and retention payments made in 2014 and in 2015 which were paid in respect of the prior year.  The NTMA Annual Report 2014 outlines performance related payments in 2015 in respect of 2014.

The Staff of Strategic Banking Corporation of Ireland are seconded from NTMA. The NTMA advises no performance-related or retention payments were made to staff assigned to SBCI in either 2014 or 2015.

Body	Are retention or bonus payments made to staff	The bonus or retention payments made in 2014	Numbers of staff receiving such payments in 2014	Highest individual payment received 2014	The bonus or retention payments made in 2015 to date	Numbers of staff receiving such payments in 2015 to date	Highest individual payment received 2015 to date
Office of the Appeals Commissioners	Nil	Nil	Nil	Nil	Nil	Nil	Nil
C&AGs	Nil	Nil	Nil	Nil	Nil	Nil	Nil
Credit Reviewer	Nil	Nil	Nil	Nil	Nil	Nil	Nil
Credit Union Advisory Committee	Nil	Nil	Nil	Nil	Nil	Nil	Nil
Credit Union Restructuring Board (ReBo)	Nil	Nil	Nil	Nil	Nil	Nil	Nil
Disabled Drivers Medical Board of Appeal	No retention or bonus payments	Nil	Nil	Nil	Nil	Nil	Nil
Financial Services Ombudsman Bureau	No bonus or retention payments to any staff member in 2014 or 2015	Nil	Nil	Nil	Nil	Nil	Nil
Financial Services Ombudsman Council	No bonus or retention payment made to any Council member in 2014 or 2015	Nil	Nil	Nil	Nil	Nil	Nil
Investor Compensation Company Limited	No retention or bonus payments made to ICCL staff in 2014 or2015	Nil	Nil	Nil	Nil	Nil	Nil
Irish Bank Resolution Corporation	Not applicable to IBRC (in special liquidation)	Nil	Nil	Nil	Nil	Nil	Nil
Irish Financial Services Appeals Tribunal	No staff	Nil	Nil	Nil	Nil	Nil	Nil
Irish Fiscal Advisory Council	Nil	Nil	Nil	Nil	Nil	Nil	Nil
National Treasury Management Agency	Yes1	€136,500	12	€60,000	€189,200 in total	19	€60,000
Office of the Revenue Commissioners	Revenue Commissioners did not pay retention or bonus payment to any of their staff in 2014 or 2015	Nil	Nil	Nil	Nil	Nil	Nil
Social Finance Foundation	Nil	Nil	Nil	Nil	Nil	Nil	Nil
Strategic Banking Corporation of Ireland	Staff seconded  from NTMA. The NTMA   advises no performance-related or retention payments were made to staff assigned to SBCI in either 2014 or 2015	Nil	Nil	Nil	Nil	Nil	Nil

1 The numbers above relate to performance-related payments and retention payments made in 2014 and in 2015 which were paid in respect of the prior year.

The NTMA Annual Report 2014 outlines performance related payments in 2015 in respect of 2014.

The following revision was received from the Department on 11 December 2015:

The National Treasury Management Agency (NTMA) has advised the Minister for Finance of the following correction to the table:

Body	Are retention or bonus payments made to staff	The bonus or retention payments made in 2014	Numbers of staff receiving such payments in 2014	Highest individual payment received 2014	The bonus or retention payments made in 2015 to date	Numbers of staff receiving such payments in 2015 to date	Highest individual payment received 2015 to date
National Treasury Management Agency	Yes1	€136,500	12	€60,000	€199,200 in total	20	€60,000

1 The numbers above relate to performance-related payments and retention payments made in 2014 and in 2015. The NTMA Annual Report outlines performance related payments in 2015 in respect of 2014.