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BC Ferries CEO massive pension blasted

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VANCOUVER (NEWS1130) – Premier Christy Clark has taken direct aim at the head of BC Ferries, criticizing CEO David Hahn’s gold-plated pension.  The package is worth well-over $300,000 a year.

“My position on David Hahn’s pension?  It’s way, way too big,” said Clark.  “The thing is, this is a deal that was made five years ago, and it’s a legally-binding contract.  We are, as far as I can tell, stuck with it.”

The premier says she understands the concerns of ordinary taxpayers over Hahn’s pension.

“I can tell you, there aren’t going to be any more of these (large pensions) going ahead.  Shirley Bond last year, I think last year, brought in legislation that would make it impossible for any more of these to go ahead.”

And Clark says she has personally sent the message that there will be no more of this ‘monkey business’ going forward.

“His (Hahn’s) pension should be in-line with the kinds of pensions you see all across the public service in British Columbia, which are fair, which are competitive, which are, many people would argue, generous.  But not that generous.”

She adds she has trouble understanding why Hahn’s pension deal is so rich.

News1130 has called BC Ferries for comment from CEO David Hahn.

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