The new chairman of the KCRC said yesterday a review of fringe benefits paid to senior staff would be completed within two to three months. Tien Puk-sun said he would like to know if the perks were too generous, after media reports last year that the top 10 executives received $35 million a year in salaries, allowances and benefits. Mr Tien took over the position at the Kowloon-Canton Railway Corporation last month after the dual roles of its former chairman and chief executive Yeung Kai-yin were separated. 'I would like to know whether it [payment of benefits] is not in line with other companies,' he said. 'They are said to be provided with yachts, chauffeur-driven vehicles. Usually staff of large companies are provided with these benefits.' Mr Tien also supported the Government's move to conduct a review to see if salary packages of about 100 senior executives of nine public bodies were in line with those in the private sector. 'If the study finds the salary or benefits of senior staff have to be cut, we need to discuss that with the staff. It would be better to negotiate with the contract staff when their contracts expire,' he said. 'However, it will be more sensitive to cut the salary of the permanent staff. We need to sit down with them to discuss such cases.' The KCRC had 5,170 employees at the end of last month. Mr Tien said the KCRC had a number of development plans and it needed to raise more money. The rail company would not consider privatisation for at least five to seven years, he added.