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WildGoose |
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WildGoose White Van Man
Joined: 21 Mar 2002 Karma :
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Posted: 17:27 - 13 May 2008 Post subject: Ken's 70k pay off |
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Quote: | Ken Livingstone is in line for a £69,000 pay-off from the taxpayer after being ousted as mayor of London.
He is entitled to claim the "resettlement grant" to help him adjust to life out of office after being defeated by Boris Johnson last week.
The 62-year-old former mayor, who formally left office at midnight on Sunday after eight years in the job, can claim half his annual £137,579 salary.
Under Treasury rules announced quietly this year, the first £30,000 will not be taxed. |
https://www.telegraph.co.uk/news/1932923/and16369%2C000-pay-off-for-loser-Livingstone.html
Maybe people have already seen, but bit of an eye opener, not only did he get paid a sickening amount per year for being mayor, he gets to claim 4x my salary for "resettlement".
I had no idea London mayor got paid so much, but getting a pay off for being crap is just ridiculous. ____________________ So in other words, he stopped you for being flagrantly in posession of a motorcycle in direct contravention of the Hippies, Darkies and People Whose Face I Don't Like The Look of (Police Powers) Act. 1976 |
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Hetzer |
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Hetzer Super Spammer
Joined: 19 Feb 2007 Karma :
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Harold_Shand |
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Harold_Shand World Chat Champion
Joined: 07 Jun 2004 Karma :
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Dragonfly |
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Dragonfly Super Spammer
Joined: 05 Sep 2005 Karma :
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Posted: 19:50 - 13 May 2008 Post subject: |
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I thought by the title it was ken from this forum
I took extra stupid pills today. ____________________ All the breast.
Muzza on Binge:
He's too busy beating the everloving shit out of Lizzie to notice this thread has taken a turn down Drama Avenue and stopped off at the popcorn shop. |
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Kris |
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Kris World Chat Champion
Joined: 03 Feb 2002 Karma :
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Posted: 21:27 - 13 May 2008 Post subject: |
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I don't know what the rest of you are on about, he did a wonderful job of f*cking us over. He deserves all the money he gets, he worked bloody hard to get that congestion charge through...
____________________ NSR125RR - ZXR750H1 - ZX9R E1 - GSF600S - GSF600SK3 - VFR400-NC30 - SV1000N - ST1100-R - CBR900RR-R - GSF1200SK5 - GSF600SK1 - VFR1200FA - GSXR1000K2 - ZZR1400 D8F
www.prisonplanet.com |
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Itchy |
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Itchy Super Spammer
Joined: 07 Apr 2005 Karma :
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Posted: 21:32 - 13 May 2008 Post subject: |
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the first 30K tax free is normal and it is avalible to everyone, and his settlement isn;t that much comparatively anyway, I know a guy who got a 750K settlement to be kept quiet , he sacked but he also had the FT's telephone number and he knew where the bodies were buried. ____________________ Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching. |
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Kris |
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Kris World Chat Champion
Joined: 03 Feb 2002 Karma :
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Kickstart |
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Kickstart The Oracle
Joined: 04 Feb 2002 Karma :
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Itchy |
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Itchy Super Spammer
Joined: 07 Apr 2005 Karma :
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Posted: 22:59 - 13 May 2008 Post subject: |
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Its not a redundancy payment, don;t make me start reciting the tax book back at you (has anybody noticed it now has to be delivered by fork lift truck in 2003 ish when I started my career it was the size of a large telephone book it now takes up an entire section of the company library).
Its one of those ex gratia get lost type payments that can be made to somebody. ____________________ Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching. |
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Kickstart |
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Kickstart The Oracle
Joined: 04 Feb 2002 Karma :
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Itchy |
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Itchy Super Spammer
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colin1 |
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colin1 Captain Safety
Joined: 17 Feb 2005 Karma :
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Itchy |
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Itchy Super Spammer
Joined: 07 Apr 2005 Karma :
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Posted: 21:53 - 14 May 2008 Post subject: |
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colin1 wrote: | 69kis peanuts for someone with the level of responsibility that ken had. A fairly good lawyer halfway through their career would get more than that.
having some form of severance package is just part of their initial pay deal, no different than if they had no severance package but had that amount split over the years they worked |
depends , as said in all things there are pyramids, with every $$$$$ lawyer there are lower paid lawyers , law firms, accountancy companies are all run on the work of the rookies and new folks,
My old firm had 5 partners and over 100 very poorly paid staff, they had a 75% staff turn over,
My current firm has 3 partners and 15 staff , but its a nice place to work.
In accountancy there is a nasty 23K ceiling where a lot of people get stuck for years , potentially their entire lives. ____________________ Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching. |
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Old Thread Alert!
The last post was made 16 years, 29 days ago. Instead of replying here, would creating a new thread be more useful? |
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