Gulp.
Tenacious Ken Foxe writes:
A TOTAL of 66 former public servants has received lump sum payments worth in excess of €200,000 over the past five years.
That includes one individual who received a golden handshake worth an incredible €428,000 and another who was paid out €382,000 from state coffers.
In all, 142 people – including departmental secretaries general and other former public servants – received lump sums worth more than €160,000, at a total cost to the state of €28.8 million.
That means an average pay-out of just over €200,000 per person, with tax only paid on lump sums in excess of €200,000 under rules introduced on 1 January 2011.