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Commission Member Remuneration table



Commission remuneration for the 2016-17 financial year

The compensation model was determined by the Treasurer prior to the recruitment of the members of the Commission and there was no negotiation with Commissioners in respect of remuneration.

 

Name/title Date commenced Date ceased Financial year Commission fees
$
Superannuation
$
Other benefits1
$
Kerry Adby 1 October 2016   2016-17 60 277 5 726 NIL
Chairperson of the Commission     2015-16 N/A N/A NIL
Leigh Mackey2 1 April 2017   2016-17 10 200 969 NIL
Commissioner     2015-16 N/A N/A NIL
Chris Bevan 1 April 2017   2016-17 9942 944 NIL
Commissioner     2015-16 N/A N/A NIL
 

1 Other benefits includes the following:

  • post-employment benefits;
  • long-term employee benefits;
  • termination benefits;
  • payments as consideration for agreeing to hold the position;
  • share-based payments (including equity-settled share-based transactions, cash-settled share-based transactions and all other forms of share-based payment compensation (including hybrids))
  • cash bonus, performance-related bonus or share-based payment compensation benefit; » options and rights over an equity instrument provided as compensation.
 

2 All payments due to Leigh Mackey were paid to Ogilvie Jennings Lawyers, being her principal employer.

 

The trustee of the Retirement Benefits Fund (ABN 51 737 334 954) is the Superannuation Commission (ABN 93 598 914 092).

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