Shatter last minister entitled to €70k payout
ALAN Shatter will be the last minister to be entitled to a golden handshake after departing from office.
As a former cabinet minister, Mr Shatter can claim €70,000 over the next two years, as revealed in the Irish Independent two weeks ago.
The Department of Public Expenditure and Reform has written to the Fine Gael TD informing him of his entitlements following his resignation.
The figure is the equivalent of the ministerial part of his salary, while not including his pay as a TD.
However, it is expected Mr Shatter will waive his right to the handshake. The previous ministers who quit from this Government – Willie Penrose, Roisin Shortall and Lucinda Creighton – have not taken the payment.
The Government has now abolished the golden parachute payments. The statutory instrument to give effect to the relevant provision of the Oireachtas Ministerial and Parliamentary Office (Amendment) Bill 2013 was signed the week after Mr Shatter's resignation.
When he retires as a TD, Mr Shatter will also be entitled to a ministerial pension of €21,000 a year.