Govt targets ACC and Super Fund ceo pay with public sector pay reform

Mon, 12 Feb 2018

By Pattrick Smellie Feb. 12 (BusinessDesk) - The government is to give the State Services Commission more say over the payment to the chief executives of Crown entities, including the heads of the Accident Compensation Corp and NZ Super Fund. The Guardians of the NZ Super Fund attracted the ire of then-Prime Minister Bill English last year when they awarded Adrian Orr, the chief executive of the investment agency charged with long term investment of government funds to help pay future pensions, a 14.7 percent pay rise that took his salary...

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