Mersad Fard
Education/Director, Transfer Payment and Divisional Finance Branch
2025 Salary
$229,679Total compensation $229,905, including $225 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2025
Employer Rank
#17Education
Years on List
52020–2025
Peak Salary
$229,6792025
Full 2025 roster at Education →·See where $229,679 ranks →
Total Compensation History
Full History
2020–2025
$136,245 in 2020 is worth about $163,295 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Director, Transfer Payment and Divisional Finance BranchEducation | $229,679Benefits $225Total $229,905 |
| 2024 | Director, Transfer Payment and Divisional Finance BranchEducation | $162,647Benefits $197Total $162,845 |
| 2023 | Director, Transfer Payment and Divisional Finance Branch / Directrice, Direction des paiements de transfert et des finances de la DivisionEducation / Éducation | $151,911Benefits $185Total $152,096 |
| 2022 | Director, Transfer Payment and Divisional Finance BranchEducation | $115,111Benefits $180Total $115,290 |
| 2020 | Director, Corporate Finance and Services BranchEducation | $136,245Benefits $171Total $136,415 |
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Mersad Fard's 2025 salary of $229,679 comes to roughly $145,772 once federal and Ontario income tax (about 34.1% effective) is deducted. At Education, 756 people made the 2025 list with a median salary of $127,198; Mersad Fard's total compensation of $229,905 ranked #17. It is up about 41% on the $162,647 paid in 2024. Pension contributions — likely PSPP or OPTrust in the Government of Ontario – Ministries sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$145,772
- Effective income-tax rate (excl. CPP/EI)
- ~34.1%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~36.5%
Where does $229,679 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.