Pensions
The members of the Management Board each have their own individual pension plans. Corio N.V. pays an annual contribution, based on the labour market reference group, to each member of the Management Board. It is assumed that members of the Management Board retire at the age of 65 and therefore there are no agreed arrangements for the early retirement of Management Board Members.
The pension contribution for the CEO and CFO has been set at 20% of (fixed) annual salary.
Further information about the costs of the pension contributions by the company can be found on page 121 of this annual report.
Source: Annual Report 2009, Chapter Overview & Strategy, page 35 (PDF, 13.679 kB)
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