The former chairman of the vocational school received three hundred thousand euros in pension supplement
Former chairman of the board Erik Hietbrink of the Shipping and Transport College in Rotterdam (STC Group foundation) received a pension supplement of 300 euros on his retirement at the end of last year.
Hietbrink was at the helm of the organization for more than a quarter of a century. He stepped down as chairman in mid-July last year, but remained on the board until the end of the year.
The pension contribution is separate from the regular remuneration, which amounted to EUR 215.691 last year. That is 13 thousand euros more than in 2014. According to the annual accounts, this increase is explained, among other things, as a settlement of holiday pay for 2015 and paid holidays.
Glasses
According to chairman Herman Marks of the supervisory board, the pension supplement is based on agreements made in 'a distant past'. In a written response he said:
The agreements that were made with Mr Hietbrink at the time fit in with that era and were agreed in good consultation between employer and employee.
'It is therefore appropriate to implement those agreements and employer obligations. With today's perspective and with the current regulations, we would no longer make such agreements.'
'In December 2015 an agreement of October 2007 was effectuated with me, which was recorded as a pension shortfall contribution at the time', Hietbrink says in response.
Pension gap
In October 2007, the Supervisory Board concluded an agreement for early retirement with the then Executive Board members. Hietbrink would say goodbye in 2013 at the age of 62. Money was reserved for Hietbrink to fill the 'pension gap'. In the year in which he was to leave, the chairman said he was asked to stay on for another two years. When he left at the age of 2015 at the end of 64, the reserved amount was still paid out as a pension provision.
The pension contribution of € XNUMX is not mentioned in the annual report that STC has published on its own website. This report is a limited summary of the annual accounts, excluding the remuneration data. The scheme is included in the full annual accounts, which the institution does not actively disclose. The Education Magazine requested the document from STC.
