DHL 2014 Annual Report Download - page 133

. Individual breakdown of Board of Management pension commitments under the new system
Total
contribution
for 2013
Total
contribution
for 2014
Present value
 as at
31 Dec. 2013
Present value
 as at
31 Dec. 2014
Ken Allen 325,500 325,500 1,397,841 1,758,438
Roger Crook 301,000 301,000 783,308 1,112,203
Bruce Edwards (until  March ) 325,500 54,250 1,852,506 1,978,493
John Gilbert (since  March ) – 187,688 – 196,163
Melanie Kreis (since  October ) – 454,639 1 – 789,731
Lawrence Rosen 325,500 325,500 2,396,295 2,847,639
Angela Titzrath (until  July ) 250,250 250,250 461,924 1,171,010
Total 1,527,750 1,898,827 6,891,874 9,853,677
1 Including settlement of the benefits resulting from previous pension commitments in the amount of ,. With respect to invalidity
benefits and surviving dependents’ benefits, the minimum benefit is based upon the previous pension commitment.
Benefits for former Board of Management members
Benets paid to former members of the Board of Management or their surviving
dependents amounted to . million in nancial year  (previous year: . mil-
lion). e dened benet obligation  for current pensions calculated under  s
amounted to  million (previous year:  million). e increase was due mainly
to a signicant reduction in the  discount rate compared with the previous year as
well as an increase in the number of pensioners whose pension benets fell due; no
additional obligations were thus incurred. Without these special eects in the amount of
. million, the dened benet obligation would have decreased by around  million
to around  million compared with the previous year.
Supervisory Board remuneration
e Annual General Meeting on  May  decided on the remuneration payable
to the members of the Supervisory Board. It is regulated by article  of the Articles
of Association of Deutsche Post . Unlike in previous years (xed remuneration of
, plus variable, prot-related bonus) Supervisory Board members will receive
only xed annual remuneration in the amount of ,.
e Supervisory Board chairman and the Supervisory Board committee chairs
receive an additional   of the remuneration, and the Supervisory Board deputy
chair and committee members receive an additional  . is does not apply to the
Mediation or Nomination Committees. ose who only serve on the Supervisory Board
or its committees, or act as chair or deputy chair, for part of the year are remunerated
on a pro-rata basis.
As in the previous year, Supervisory Board members receive an attendance allow-
ance of , for each plenary meeting of the Supervisory Board or committee meeting
that they attend. ey are entitled to the reimbursement of out-of-pocket cash expenses
incurred in the exercise of their oce. Any value added tax charged on Supervisory
Board remuneration or out-of-pocket expenses is reimbursed.
Deutsche Post  Group —  Annual Report
127
Corporate Governance — CORPORATE GOVERNANCE REPORT — Remuneration report