However, lower paid workers would not have their pension contributions increased.
This would mean £1,500 in extra pension contributions for someone on £30,000 a year.
In 2011, his total package was worth £126,258 including pension contributions of £27,860.
In the year 2000, the report said, the city paid an average pension contribution of $2,263 per worker.
It is especially useful for the analysis of private pension contributions.
The original referred to an increase in pension contributions by 3% next year.
This issue is much bigger that a few percent on pension contributions.
The company can save millions of dollars in pension contributions.
This was made up of a £371,000 salary and £53,000 in pension contributions.
In 2004, the report said, the average pension contribution per worker will rise to $11,005.
