BP 2009 Annual Report Download - page 89

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BP Annual Report and Accounts 2009
Directors’ remuneration report
Directors’ remuneration report
87
Pensionsa
thousand
Additional pension
Accrued pension earned during the Transfer value of Transfer value of Amount of B-A less
Service at entitlement year ended accrued benefitcaccrued benefitccontributions made by
31 Dec 2009 at 31 Dec 2009 31 Dec 2009bat 31 Dec 2008 (A) at 31 Dec 2009 (B) the director in 2009
Dr A B Hayward (UK) 28 years £584 £23 £8,045 £10,840 £2,743
I C Conn (UK) 24 years £276 £12 £3,161 £4,508 £1,347
R W Dudley (US)d30 years $406 $106 $2,994 $4,353 $1,358
Dr B E Grote (US) 30 years $1,011 $143 $11,220 $12,047 $827
A G Inglis (UK) 29 years £337 £12 £4,399 £6,000 £1,601
aThis information has been subject to audit.
bAdditional pension earned during the year includes an inflation increase of 0.9% for UK directors and 0% for US directors.
cTransfer values have been calculated in accordance with guidance issued by the actuarial profession.
dFigures represent period after joining the board on 6 April 2009.