The current annual paybill for the Chief Executives of the 16 Education and Training Boards is in the region of €1.95m. Therefore at present a 10% reduction in pay would yield savings of approximately €195,000 per annum.
The Deputy might wish to note that ETB Chief Executives' pay was reduced in line with the pay cuts for public servants earning €65,000 and over as required by the Financial Emergency Measures in the Public Interest legislation. This involved a reduction of 5.5% in respect of salary up to €80,000 and a reduction of 8% in respect of salary over €80,000.