Skip to comments.Baroness Ashton will be paid £400,000 ($613,440) by the EU to do nothing
Posted on 04/05/2013 12:32:17 PM PDT by Olog-hai
Baroness Ashton will be entitled to £400,000 at the taxpayers expense over three years for doing nothing after finishing her five year term as the European Unions foreign minister at the end of 2014.
Research by The Daily Telegraph has established that the Labour peer, who finishes her job as High Representative of foreign affairs in October next year, will be paid £133,500 ($204,735.60) a year, 55 percent of her basic salary, until the end of 2017.
The transitional allowance does not require her to do any work at all, and she will be paid under reduced rates of EU community tax rather than the standard British rates of taxation for high-income earners.
The allowance is defended as the price for the total independence of senior EU officials like Lady Ashton, who is also a vice-president of the European Commission, who must also ask permission for any job they would like to do for 18 months after leaving.
(Excerpt) Read more at telegraph.co.uk ...
Maybe we can set up Obama with this kind of deal.
Most of D.C. is on the same package.
Royals are CHUMP CHANGE compared to GayMuzzie:
$30 mill for their Hawaii pad, and their kids for Spring Break had to chose between Bahamas surf or Aspen slopes:
Oh, no wait they didn’t —THEY DID BOTH.