Spectator on facebook

Spectator on facebook

NEWS IN SHORT

Sociálna Poisťovňa director won't receive jumbo bonus

THE DIRECTOR-GENERAL of the social security provider Sociálna Poisťovňa (SP) Ivan Bernátek had been on course for a tidy bonus this year. In February SP's supervisory board had proposed to pay him a bonus of almost Sk788,000. However, government spokesperson Silvia Glendová has now said that Prime Minister Robert Fico will block the payment, according to the Hospodárske Noviny financial daily. Bonus payments to SP directors are subject to approval by the government.

THE DIRECTOR-GENERAL of the social security provider Sociálna Poisťovňa (SP) Ivan Bernátek had been on course for a tidy bonus this year. In February SP's supervisory board had proposed to pay him a bonus of almost Sk788,000. However, government spokesperson Silvia Glendová has now said that Prime Minister Robert Fico will block the payment, according to the Hospodárske Noviny financial daily. Bonus payments to SP directors are subject to approval by the government.

Bernátek had been in line to receive a bonus for 2007 equal to seven times his monthly salary, which is currently Sk112,566.

"We think that this bonus is adequate with regards to the competences and functions of the director general," the Labour Ministry's spokesperson, Michal Stuška told the paper.

The proposed bonus was more than half the maximum allowed. The law on social insurance permits an annual bonus payment to the director-general of the social security provider of up to twelve times his or her monthly salary.

Top stories

How did Communism happen in Czechoslovakia?

For the 40 years, Czechs and Slovaks would celebrate February 25 as Victorious February, even though the enthusiasm of most of those who supported Communists in 1948 would very quickly evaporate.

Prime Minister Klement Gottwald (right) swears an oath into the hands of President Edvard Benes on February 27, 1948 at the Prague Castle.

Cemetery with a remarkable creative concept Photo

The shapes of tombstones were prescribed until 1997

Vrakuňa Cemetery in Bratislava

Being young is harder than it used to be

The failure of older generations to sympathise with youth means politics are primarily a contest of who can hand out more gifts to old people.

Young Slovaks have problems finding proper jobs.

Historian: After 1948, Czechoslovakia was paralysed with fear

On February 25, Czechs and Slovaks mark 70 years since the rise of Communism in their common state. Historian Jan Pešek talks about the coup and its aftermath.

Demonstration in Prague, Wenceslas' Square, on February 28, 1948.