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Sociálna Poisťovňa general manager to receive a bonus of Sk788,000

The general manager of the social security provider Sociálna Poisťovňa (SP) Ivan Bernátek is to receive a bonus for 2007 equal to seven times his monthly salary, a total of nearly Sk788,000, the SITA news wire reported. The supervisory board of Sociálna Poisťovňa, headed by Labour Minister Viera Tomanová, approved the proposed bonus to Bernatek last week. The bonus must still be approved by the Cabinet.

The general manager of the social security provider Sociálna Poisťovňa (SP) Ivan Bernátek is to receive a bonus for 2007 equal to seven times his monthly salary, a total of nearly Sk788,000, the SITA news wire reported. The supervisory board of Sociálna Poisťovňa, headed by Labour Minister Viera Tomanová, approved the proposed bonus to Bernatek last week. The bonus must still be approved by the Cabinet.

In approving the bonus, the supervisory board concluded that during last year the director general fulfilled all tasks stemming from the law on social insurance. According to the law, the Cabinet has the power to decide whether to grant a single annual bonus by March 31 at the latest to the general manager of SP, up to a maximum amount equalling twelve times his or her monthly salary. The general manager of the SP earns Sk112,566 per month, six times the average Slovak wage as reported by the Statistics Office for 2007.

At the beginning of July of last year, Tomanová submitted a draft

amendment to the law on social insurance for interdepartmental review, according to which, from the beginning of next year, the supervisory board of SP should have been delegated the power to decide on whether to grant the general manager a bonus. However, the minister later withdrew this proposal and left this competency to the Cabinet. SITA

Compiled by Zuzana Vilikovská from press reports

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