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TVA salaries keep climbing

10:51 AM, Mar 26, 2012   |    comments
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Written by
Dave Flessner
Chattanooga Times Free Press

Since Congress removed the pay cap for employees of the Tennessee Valley Authority seven years ago, the base salary for 155 of the utility's top managers has risen above the $174,000 annual pay given members of Congress.

TVA is shelling out nearly $30 million a year more for its top brass than it did before TVA's board was restructured and the limit on TVA salaries was removed by Congress in 2004.

Despite the extra cost, proponents of the change insist it has helped TVA attract and retain top managers and allowed the federal utility to operate more like a private business.

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