Superannuation Fund Guardians board rebuked over extreme pay riseCAMERON BURNELL/STUFF State Services Commissioner Peter Hughes is not impressed his advice for a more modest pay increase was not heeded. The public service watchdog has delivered a warning to the board of Guardians of the Super Fund: It does not operate outside of public accountability. MAARTEN HOLL/ FAIRFAX NZ Another big pay rise for Adrian Orr - a 2.7 per cent bump to his base salary. READ MORE:* Bill English slams fund's 36 per cent pay increase* State sector chief executives - who makes the most? * NZ Super Fund earned $2 billion in 2015A Super Fund spokeswoman said Orr received an actual 23.3 per cent pay rise in 2015-16.

Source: Stuff October 17, 2017 02:46 UTC