Four NTMA staff net €170k retention payout

The NTMA last night emerged as a third finance agency of the State to have agreed a “retention payment” scheme with staff.

The NTMA confirmed it has paid four members of staff retention payments totalling €170,000 this year.

Already, the Central Bank has confirmed it has paid staff around €234,176 in such retention payments since 2011 while Nama staff will receive retention payments from a €20m pot earmarked for voluntary redundancy severance packages.