Ontario spent $70 million on its now-defunct pension plan, including $8M just on marketing

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http://news.nationalpost.com/news/c...-per-cent-of-that-just-on-marketing-materials
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  • over $2 million was spent on “golden handshakes” for the top Liberal appointees tapped to run the defunct plan, the documents released Thursday reveal. The man tapped as the plan’s CEO will, in the end, receive over $825,000 for six months’ work.
The top six executives tapped to run the Ontario Retirement Pension Plan Administration Corporation (ORPPAC) will split $2,020,000 in severance, one-year’s salary each in addition to what they’ve earned so far. In all, they will receive more than $2.8 million in compensation for their work to establish the now defunct plan.

Here’s how that cash is divvied up:

Saad Rafi
Chief Executive Officer
Annual Base Salary: $525,000
Start date: January 1, 2016 (SEVEN months)
Compensation including benefits so far: $302,925
Total compensation from ORPPAC: $827,925 (roughly one hundred twenty thousand per month!)

Mary Anne Palangio
Chief Financial Officer
Annual Base Salary: $325,000
Start date: March 21, 2016 (FOUR months)
Compensation including benefits so far: $140,938
Total compensation from ORPPAC: $465,938 (roughly one hundred twenty thousand per month!)

Jennifer Brown
Senior Vice-President, Plan Operations
Annual Base Salary: $335,000
Start date: March 21, 2016 (FOUR months)
Compensation including benefits so far: $110,019
Total compensation from ORPPAC: $445,019 (roughly one hundred and ten thousand per month!)

Brian Gill
Chief Technology Officer
Annual Base Salary: $325,000
Start date: April 18, 2016 (3.5 months)
Compensation including benefits so far: $89,050
Total compensation from ORPPAC: $414,050

Anne Slivinskas
General Counsel
Annual Base Salary: $275,000
Start date: June 6, 2016 (TWO months)
Compensation including benefits so far: $56,418
Total compensation from ORPPAC: $341,418

Neala Barton
Senior vice-president, Communications
Annual Base Salary: $235,000
Start date: March 14, 2016 (3.5 months)
Compensation including benefits so far: $81,846
Total compensation from the ORPPAC: $316,816
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有啥奇怪的,自由党早就进入腐败的高级阶段了,土共差远了。
 
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