IFA president Eddie Downey revealed that former IFA general secretary Pat Smith earned a package in 2014 of €295,000 basic with a pension contribution of €150,000 bringing it to a total of €445,000.Smith's 2013 total salary package was €535,000. The breakdown in 2013 was €295,000 basic salary, a €150,000 pension contribution, €60,000 bonus and €30,000 in director's fee for his role in IFA Telecom.