FÁS former director general Rody Molloy is to receive a €111,000 severance payment on top of full pension benefits following his resignation last year.
Documents released to RTÉ News under Freedom of Information show the deal also includes a payment of €330,000, based on one and a half times his annual salary, into his pension.
The deal was signed off on by the Department of Finance. A spokesman for the Department said it was in line with public sector norms.
Rody Molloy resigned from FÁS last November following revelations of lavish expense claims on top of an ongoing probe into spending controls at the state training agency.
He is a career civil servant who was appointed director general of FÁS in 2000. Before then, he served in several government departments.
A spokesperson for FÁS said it was a matter for the Department of Finance.
Meanwhile the state spending watchdog, the Public Accounts Committee, has almost completed its investigation into spending controls at FÁS.