12 NTMA staff earn over €250k

Michael Noonan has confirmed that 12 employees of the National Treasury Management Agency earn over €250,000 per annum.

In a written Dáil response to Sinn Féin’s Gerry Adams, the finance minister confirmed that a further four employees of the NTMA earn between €200,000 and €250,000 per annum.

The revelation of the 16 employees earning in excess of €200,000 comes in spite of Mr Noonan asking the NTMA to apply the €200,000 public sector pay cap to its staff. The State agency, which manages the national debt and is the parent of Nama, falls outside public sector pay grades.