Ex-RBNZ executives take fight for top-up on ‘gold-plated’ pension to Appeal Court

Thu, 31 Oct 2013

By Paul McBeth Oct. 31 (BusinessDesk) - A group of former Reserve Bank senior managers, including ex-assistant governor David Archer, renewed their fight for the bank to top-up their pension after being knocked back in the Employment Court last year. In the Court of Appeal in Wellington, Justices Rhys Harrison, Douglas White and Forrest Miller today heard arguments over an application that would force the Reserve Bank to review the percentage of employees’ total remuneration in setting superannuation and retirement gratuities. The dispute...

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