McGrath: Cap bosses’ bonus and pensions

LUCRATIVE bonuses and pension deals should be included in the proposed €250,000 salary cap for semi-state chief executives.

This is according to the Fianna Fáil backbencher who instigated internal Government calls for the introduction of the pay limit.

Michael McGrath said the salary threshold, which is expected to be revealed in the budget this afternoon, should encompass the whole remuneration deal for semi-state bosses and not just the basic pay cheque.