How Can the Struggling Royal Mail Find Millions to Boost Boss's Pension?

Daily MailMarch 02, 2009

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Summary


ROYAL MAIL has been heavily criticised after admitting it more than doubled payments into the gold-plated pension pot of its chief executive, Adam Crozier.

It revealed that multi-millionaire Mr Crozier received around Pounds 3.5million in pay, bonuses and pension contributions last year alone.

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Extract


How Can the Struggling Royal Mail Find Millions to Boost Boss's Pension?

But there was anger last night that a taxpayer-owned organisation was allowed to pay out such huge sums to someone who is effectively a civil servant.

Figures from Royal Mail's accounts ...

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