Milan Novakovic
City of Toronto – Toronto Transit Commission/Foreperson – Overhead
2025 Salary
$144,404Total compensation $144,887, including $483 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
#1,149City of Toronto – Toronto Transit Commission
Years on List
72019–2025
Peak Salary
$144,4042025
Full 2025 roster at City of Toronto – Toronto Transit Commission →·See where $144,404 ranks →
Total Compensation History
Full History
2019–2025
$102,105 in 2019 is worth about $123,277 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Foreperson – OverheadCity Of Toronto – Toronto Transit Commission | $144,404Benefits $483Total $144,887 |
| 2024 | Foreperson - OverheadCity Of Toronto - Toronto Transit Commission | $133,388Benefits $449Total $133,837 |
| 2023 | Foreperson - OverheadCity Of Toronto - Toronto Transit Commission | $126,275Benefits $376Total $126,651 |
| 2022 | Foreperson - OverheadCity Of Toronto - Toronto Transit Commission | $119,495Benefits $345Total $119,839 |
| 2021 | Foreperson - OverheadCity Of Toronto - Toronto Transit Commission | $108,590Benefits $312Total $108,903 |
| 2020 | Foreperson – OverheadCity Of Toronto – Toronto Transit Commission | $109,286Benefits $611Total $109,897 |
| 2019 | Foreperson - OverheadCity Of Toronto - Toronto Transit Commission | $102,105Benefits $1,032Total $103,137 |
Take-Home Pay
(After Tax) · 2025 estimate
Milan Novakovic was paid $144,404 in 2025; after income tax, CPP and EI that is roughly $100,702, an effective income-tax rate of about 26.5%. That is about 8% more than the $133,388 paid in 2024. Records under this name have appeared on the Sunshine List 7 years in all, first in 2019. Pension contributions — likely OMERS in the Municipalities & Services sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$100,702
- Effective income-tax rate (excl. CPP/EI)
- ~26.5%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~30.3%
- vs. 2025 Foreperson - Overhead median
- about even
Where does $144,404 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.