The annual financial monetary value of the remuneration paid to the Chair of the Commission is as follows:
£/Hours Basic salary £184,000 Bonus structure None Employer's pension contribution Not pensionable Benefits in kind/Incentives None Contracted hours 4 days/week Travel expenses (October to December 2009) £3,538.85 Note: The IPC will publish the detail of expenses on their website on a quarterly basis.
In line with Schedule 1, Part 3 (1) of the Planning Act 2008, which stipulates that the chair must be appointed for a fixed period which must not be less than five years or more than eight years, the chair has been appointed for the minimum five years, which can be extended for a further three years subject to satisfactory performance. The appointment can be terminated early by either party, by giving three months notice, in writing.