Pada's Jones and Drake on quango rich list
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Personal Accounts Delivery Authority chief executive Tim Jones and acting chair Jeannie Drake have been included on a list of civil servants and senior quango staff earning more than £150,000.
The Cabinet Office, which released the list this morning, says it is the first time this information has been published in one place, with some never having been made public before.
Jones is revealed to earn more than £235,000 while Drake, who will no longer be taking up her post of deputy chair of the National Employment Savings Trust, earns more than £85,000 for a time commitment of one day a week at Pada.
Pension Protection Fund chairman, and soon to be chairman of the National Employment Savings Trust, Lawrence Churchill also made the rich list as did chief executive Alan Rubenstein.
The pair earns £85,000 for two days a week and £200,000 respectively.
The Pension Regulator chairman David Norgrove earns £110,000 for three days a week and former chief executive Tony Hobman pocketed £175,000 for his full time role.
Seven civil servants in the Department for Work and Pensions are revealed to earn more than £150,000.
The list brings the total number of senior civil servants in central Government departments and senior staff in non-departmental public bodies who earn over £150,000 to 332.
Minister for the Cabinet Office Francis Maude says: “Yet again we have shown we are absolutely committed to acting quickly on pledges in our coalition agreement to release information that will allow everyone to hold their politicians and public bodies to account.
“Today’s release, along with previous publications listing high earning civil servants and salaries of special advisers, shows that transparency is fast becoming an integral part of everything we do.
“I believe this will not only increase accountability, but will lead to more efficient public service organisations.”
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Readers' comments (18)
Anonymous | 2 Jul 2010 10:42 am
words fail me - £85k for one day a week! Is this justifiable? I think not!
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JS | 2 Jul 2010 10:43 am
Not bad pay for designing a five humped three legged camel when we needed a horse!
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Anonymous | 2 Jul 2010 10:51 am
Why on earth are we paying these people so much when the talents of people such as Steve Bee and Ross Altman who understand both the need and possible solutions are not being employed.
Please lets have the real experts involved and finally produce a solution that will last the test of time and governments and give working people the chance to provide themselves with a good income in retirement whenever that may be.
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Astonishing!! | 2 Jul 2010 10:54 am
Ok, here's my rant: £85k for one day's commitment ... there are many doctors/engineers/accountants/IFAs/etc who don't earn that in a year for doing 35-40 (+) hrs p/w ...
Why ... ??
What has she/NEST/Pada actually achieved for the money paid out?? Jack. This is a lame duck, n'est ce pas??
Isn't is about time we stopped whingeing and pressed the LibCons to start sacking/removing these numpties (esp Sants) - or at least bring their earnings down to what is 'reasonable' ... after all, aren't we all (now) paying for their greed/extravagance??
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Jim Payne | 2 Jul 2010 10:59 am
I suppose we have to be thankful that Ms. Drake can only spare one day a week, just think if she went full time. £425k plus car, pension, expenses, travel to the far corners of the globe, purely for research of course.
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Anonymous | 2 Jul 2010 11:05 am
This is obscene. No wonder he has such a smug, self satisfied smirk on his face.
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Anonymous | 2 Jul 2010 11:06 am
A lot of money and they can not even kick a football
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Julian Stevens | 2 Jul 2010 11:08 am
Incredibly, these sorts of work:salary ratios are even worse than those at the FSA.
Let us hope the new coalition swiftly flushes away NEST to where it belongs (still no news of any firm interested in handling the investment management) and instead implements root and branch reforms to the total dog's breakfast of the current pensions framework so that people will be able to see for themselves that saving for retirement is actually a worthwhile proposition.
Carrot is better than stick (a principal which the FSA might be well advised to take on board ~ but then again the FSA never takes advice from anyone on anything, so scrub that idea).
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Anonymous | 2 Jul 2010 11:09 am
We used to call them fat cats, but now greedy pigs would be more apt in these austere times.
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Anonymous | 2 Jul 2010 11:13 am
would anyone object if i offered myself up for the job but only charged £60k? that way we can prove a 25% saving!
what a joke!!!!
all this at a time when IFAs are seeing their remuneration reduce significantly, then anything they do earn the have to evidence that they are working for.
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