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The Highest Paid Federal Employee--For Last TWO years--WHO IS IT?

 
BodilessModerator
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11/24/2015 08:43 AM

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The Highest Paid Federal Employee--For Last TWO years--WHO IS IT?
Barack Obama?

NO.

Chairman of the Joint Chiefs of Staff?

Not even close.

Speaker of the House?

No way!

Janet Yellen?

She WISHES.

Meet Bill Johnson

Paid 6.4 million dollars--this year!

It's a 38.6% increase from last year--WOW!!!!


Don't we ALL wish we could get a raise like THAT?

So, what is Mr. Johnsons's critical job, that warrants him recieving such HUGE pay, and such HUGE pay increases?

Why he is the CEO of the Tennesee Valley Authority! And aren't we Americans so fortunate to have him!

TVA directors Friday voted to give the agency's 10,900 employees an extra reason to celebrate Thanksgiving next week by approving Winning Performance payments of $113 million, or an average year-end bonus of $10,367 per employee.

The board was even more generous to its top five executives, who TVA disclosed Friday were paid anywhere from five to 16 times more than what President Barack Obama is paid during fiscal 2015.

TVA CEO Bill Johnson was paid a compensation package in fiscal 2015 worth more than $6.4 million, making him again the highest paid federal government employee in America. Four other top TVA executives were each paid more than $2 million in the fiscal year ended Sept. 30.

TVA Chairman Joe Ritch acknowledged that TVA's executive staff is well paid by government standards. But he insisted that TVA is not a typical government agency and the federally owned utility must compete with higher-paying, investor-owned utilities to keep and retain top talent.

Ritch and other TVA directors praised Johnson and other top executives for helping to turn around TVA's financial standing, raising the utility's net income in each of the past four years from $60 million in fiscal 2012 to a record high $1.1 billion in fiscal 2015.


During the past year, TVA invested more than $3 billion in the power system and environmental improvements, including clean air equipment at the Gallatin Fossil Plant, natural gas plants at Allen in Memphis and Paradise in Kentucky, completing construction at Watts Bar Nuclear Plant Unit 2, and acquiring the Ackerman Gas Plant. About $340 million was invested in the transmission system.


>>>>>>HMMMMM, It begins to make sense now.......<<<<<<<

The total amount of Winning Performance payments to employees was down by 14 percent from a year ago, but most of that reflected a drop in TVA employment. TVA has offered early retirements and not filled vacant positions to cut most of the more than 2,000 jobs eliminated over the past couple of years.

Despite the improved financial performance, some have questioned the multi-milllion-dollar salaries and benefits for TVA's top executives. Through most of its history, and until a generation ago when TVA revamped its pay system, the federal utility couldn't pay more than what a member of Congress is paid, now $174,000 a year.

U.S. Rep. John Duncan, R-Knoxville, said he doesn't believe anyone at TVA should be paid more than the $400,000 salary given the president of the United States.

"You don't have to pay these kinds of ridiculous salaries to get good people to live and work in East Tennessee," Duncan said last year and reiterated Friday about TVA's executive pay.



TVA recruited Johnson three years ago after he left Duke Energy as CEO and was paid $44 million in severance payments.


<50%

[link to www.timesfreepress.com]
“We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden

Joe Biden will never be the man Michelle Obama is

The worst thing about dying is that you become a democratic voter for eternity
BodilessModerator  (OP)
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11/24/2015 08:44 AM

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Re: The Highest Paid Federal Employee--For Last TWO years--WHO IS IT?
YOUR Tax Dollars At PLAY!!!!!
“We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden

Joe Biden will never be the man Michelle Obama is

The worst thing about dying is that you become a democratic voter for eternity
Anonymous Coward
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11/24/2015 08:46 AM
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Re: The Highest Paid Federal Employee--For Last TWO years--WHO IS IT?
I thought it would be hell spawn jarret
First Born

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11/24/2015 08:50 AM
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Re: The Highest Paid Federal Employee--For Last TWO years--WHO IS IT?
I have no problem with that. First of all the TVA SHOULD BE PRIVATE. If it were private he'd make a hell of alot more money than 6 million.
Anonymous Coward
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11/24/2015 08:51 AM
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Re: The Highest Paid Federal Employee--For Last TWO years--WHO IS IT?
I didn't know the USA had federally owned utilities.

That are making money?

I bet a lot of government agencies would make a profit if you paid those in charge a percentage.
BodilessModerator  (OP)
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11/24/2015 08:52 AM

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Re: The Highest Paid Federal Employee--For Last TWO years--WHO IS IT?
I thought it would be hell spawn jarret
 Quoting: Anonymous Coward 70879838


Valerie the Iranian President of the United States makes a mere $172,000 a year--that we know of-------
“We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden

Joe Biden will never be the man Michelle Obama is

The worst thing about dying is that you become a democratic voter for eternity
BodilessModerator  (OP)
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11/24/2015 08:54 AM

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Re: The Highest Paid Federal Employee--For Last TWO years--WHO IS IT?
I didn't know the USA had federally owned utilities.

That are making money?

I bet a lot of government agencies would make a profit if you paid those in charge a percentage.
 Quoting: Anonymous Coward 70721046


[link to www.utilityconnection.com]
“We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden

Joe Biden will never be the man Michelle Obama is

The worst thing about dying is that you become a democratic voter for eternity
Trained NoticerModerator
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11/24/2015 09:49 AM

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Re: The Highest Paid Federal Employee--For Last TWO years--WHO IS IT?
Wow. And I do some remodeling from time to time for a TVA engineer. Maybe I should charge him more...

bf12

Last Edited by Trained Noticer on 11/24/2015 09:49 AM
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Anonymous Coward
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11/24/2015 09:58 AM
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Re: The Highest Paid Federal Employee--For Last TWO years--WHO IS IT?
Well to be fair, the people of Tennesee are so stupid and retarded that they need to be fleeced like sheep or they will drunken-murder each other over mistaken identity.

You think im joking? Im not. Its the cesspool of American idiocy.

They have so many prisoners that the jails are literally overflowing and it says that at the state crime-victims website, it has a statement to victims- do not expect justice because the jails are LITERALLY OVERFLOWING.

SO WHAT DO THEY DO?

The put their prisoners on psychoative drugs to make them stupid and violemnt criminals are allowed to walk arounfd like normal in society with their Minds jailed.

problem is when they miss their meds they kill people.

im not joking. its real.





GLP