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Tuesday 6 December 2016

Payment of €142,000 was a 'carrot' for job

Anne-Marie Walsh

Published 07/09/2011 | 05:00

A SPECIAL payment of over €142,000 to top civil servant Dermot McCarthy was a severance "sweetener" to make up for the fact he could have lost his job after seven years.

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When asked to explain why the sum was paid to the retired secretary general, the department said all secretary generals had been getting it for over 20 years.

It said the special severance payment was a government "carrot" offered to the most senior civil servants to take the job in the first place.

This was because they might be forced to retire early if their seven-year contract ran out and they were not promoted.

Mr McCarthy walked away with over €700,000, which included the special severance payment on top of his pension lump sum of €428,011 and annual pension of €142,670.

Irish Independent

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