76 Deputy Kevin Humphreys asked the Minister for Finance if his attention has been drawn to the decision by the EBS not to pay staff their 13th annual payment which has been a long-standing part of their employment contract; if his further attention has been drawn to the fact that staff in EBS were only informed of this decision on the 6 December 2011, three days before payment was due, and that this has left many of them in a dire financial position; if he will intercede to resolve this issue; if his attention has been drawn to the fact that the interest-free loans offered by EBS to staff to ameliorate this situation are subject to benefit in kind of 12.5% and if he will waive that provision for this specific case; the reason managers in EBS continue to receive their 13th annual payment but staff below that pay grade do not, which has created a grave unfairness; and if he will make a statement on the matter. [41045/11]

Summary

76 Deputy Kevin Humphreys asked the Minister for Finance if his attention has been drawn to the decision by the EBS not to pay staff their 13th annual payment which has been a long-standing part of their employment contract; if his further attention has been drawn to the fact that staff in EBS were only informed of this decision on the 6 December 2011, three days before payment was due, and that this has left many of them in a dire financial position; if he will intercede to resolve this issue; if his attention has been drawn to the fact that the interest-free loans offered by EBS to staff to ameliorate this situation are subject to benefit in kind of 12.5% and if he will waive that provision for this specific case; the reason managers in EBS continue to receive their 13th annual payment but staff below that pay grade do not, which has created a grave unfairness; and if he will make a statement on the matter. [41045/11]

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• Banking Sector Regulation

  xml · EN · 11 January 2012

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