Dáil Éireann Debate, Thursday - 3 July 2025
185. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 45 of 25 June 2025, that as outlined by the NAMA annual accounts there will be no more voluntary redundancy schemes for NAMA staff; and if he will make a statement on the matter. [36791/25]
Amharc ar fhreagraThe Deputy will be aware that, as previously communicated in the NAMA Annual Report and Financial Statements 2024, NAMA commenced its final Voluntary Redundancy Scheme (VRS) in 2024.
I am advised by the NTMA that the majority of employees assigned to NAMA are expected to leave via this programme on a staggered basis in conjunction with the dissolution of NAMA. Of this cohort of employees, a small number will transfer to the NTMA Resolution Unit, which is being established to manage the residual activity of NAMA and IBRC (in Special Liquidation).
It is anticipated by the NTMA that the voluntary redundancy leaving date for such employees will be linked to the conclusion of such residual activity.
