|Varma's Board of Directors 2015 – attendance and remunerations|
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|Name||attendance||Committee||tee||tee||Board||tion, €||tions, €||Total, €|
Remuneration of the members of the Board of Directors
The Board of Directors convened 10 times in 2015. The average attendance rate (including deputy members) was 90%.
Remuneration of Varma’s Board of Directors is decided by the Supervisory Board. In 2015, the annual remunerations were: EUR 45,000 for the Chairman of the Board, EUR 32,000 for the Deputy Chairmen, EUR 18,000 for the members, and EUR 13,000 for the deputy members. A meeting fee of EUR 600 per meeting was also paid. The same meeting fee is also paid for the separate meetings of the Board of Directors’ committees, as well as for the meetings of the presiding officers and the Supervisory Board.
The Supervisory Board decided on 2 December 2015 that the remunerations for 2016 will remain unchanged.
Members of the Board of Directors are insured under Section 8 of the Employees Pensions Act TyEL, and a TyEL contribution is paid on the meeting fee.