OPG has cut staff by 8.5 per cent, but increased the size of "its highly paid executive and senior management group" by almost 60 per cent since 2005, creating "a top heavy organization," Lysyk said in her annual report.

"Earnings and benefits were significantly more generous at OPG than for comparable positions in the Ontario Public Service, and many of OPG's senior executives earned more than most deputy ministers," she reported.

Incentive awards for OPG's non-unionized staff can be up to $1.3 million, and their top five executives will be eligible for pensions ranging from $180,000 to $760,000 a year.

OPG contributes "disproportionately more" to its pension plan that its employees, added Lysyk, with a funding ratio of 4:1 or 5:1, significantly higher than the 1:1 ratio in the public service

http://www.cbc.ca/news/canada/toronto/opg-fires-3-executives-after-auditor-general-s-report-1.2458723

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