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   bc.general      British Columbia general chatter      24,289 messages   

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   Message 22,679 of 24,289   
   NØ-MØre-CØns to All   
   We need the NDP to rid us of a privatize   
   07 Jul 11 15:45:10   
   
   XPost: bc.politics, vic.general, van.general   
   From: NØ-MØre-CØns@govt.ca   
      
   This company has been bleeding British Columbians dry for too many years.    
   Gordon Campbell's   
   folly - our being duped.   
   If for no other reason than to get BC Ferries back under PUBLIC control, we   
   need the lying BC   
   'Liberals' gone - smiling new Premier and all her cronies. . . . .   
   ___________________________________   
      
   BC Ferries CEO could get $314K pension   
      
   CBC News  Jul 6, 2011   
      
   New documents released by BC Ferries reveals that CEO David Hahn will receive   
   supplemental   
   pension benefits three times the value of the public service pension he'll   
   also get when he   
   retires.   
      
   A Statement of Executive Compensation filed by BC Ferries with securities   
   regulators June 27   
   lays out Hahn's total compensation package, including his two pensions.   
      
   His B.C. public service plan will pay Hahn $77,000 a year and a special   
   supplemental benefit   
   will add another $237,000 annually for a total of about $314,000 every year if   
   he works to age   
   62.   
      
   Hahn earns a total take-home income of about $1 million, including incentives   
   — an amount which   
   has drawn criticism in the past as too high, given other comparable Crown   
   corporation salaries.   
      
   Trades shots with NDP   
      
   The B.C. NDP says the provincial government needs to step in.   
      
   "[Premier] Clark said in her leadership campaign she felt some of the salaries   
   of BC Ferries   
   were unacceptably high, and they are unacceptably high for the CEO, which is   
   clear," Opposition   
   Leader Adrian Dix said Wednesday. "So, what is she going to do? Is she going   
   to take action?"   
      
   Hahn isn't apologizing, and says the NDP is partly responsible.   
      
   "I didn't set my compensation. That was set by the board of directors," Hahn   
   told CBC News. "I   
   know that [the NDP] are always talking on and on about my salary, but if   
   they'd managed the   
   company properly in the 10 years before I got here, I wouldn't be here."   
      
   The province has already made legislative changes to prevent BC Ferries from   
   offering benefits   
   as high as Hahn receives to future CEOs.   
      
   Hahn has a signed contract that cannot be altered retroactively.   
   ____________________________________________   
      
   Read that last sentence. . . . .   Let's give it a good go, shall we?   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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