Monday, 23 March 2009

They really might have done their home work properly (more lazy hacks 
I suppose) .  How much then is Mandelson sitting on?  He's not only 
got a ministerial salary and perks but a whopping pay off from 
Brussels too.

And they go on about Fred Goodwin's pension !  There was something 
about pots, kettles and blackness and throwing stones in glass house, 
I remember.  And ALL of  it on our backs.


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NEWS of the WORLD 23.3.09
EU chiefs' £1million pay-off
Golden goodbyes after as little as a year in top jobs

By Jamie Lyons
EU fat-cat beauraucrats will pick up £1 million golden parachutes to 
cushion the blow when they quit Brussels this year.


With 20 of Europe's molly-coddled 27 Commissioners set to stand down 
in November, the total payoff pot will hit an astonishing £23.8 million.

Even after just one year in the job, British Commissioner Baroness 
Ashton would pocket a lottery-win size package worth £1/4 million, 
plus £8,000-a-year pension, if called back to London.

Last night Lorraine Mullally of Open Europe-a think tank urging EU 
reform-fumed: "While taxpayers struggle in the recession and worry 
about losing jobs, their money is going to pamper grossly overpaid 
eurocrats with eye-watering salaries.
"It's outrageous this team of unelected Brussels civil servants walk 
away with these vast sums. This is totally unjustified."

The leavers' massive payout includes HALF their six-figure salaries 
for three years AFTER standing down.

PLUS a resettlement allowance of up to £21,000 to help adjust to life 
after Brussels. PLUS huge pension pots worth hundreds of thousands of 
pounds.

Two vice-presidents of the Commission-Margot Wallström and Gunter 
Verheugen-do particularly well. They are in line for pension funds of 
£1,787,950.

And all the eurocrats have enjoyed a cushy job with perks that would 
make even disgraced bankers blush-£572 monthly entertainment 
allowance, cut-rate income tax, removal expenses and even fancy 
health benefits like acupuncture and mud baths.