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Friday, June 28, 2013

TRANSIT BOARDS GIVE AWAY THE STORE

Just like our useless Trimet board of directors who  handed Fred Hansen a pension for life of $16k a month.

The Daily Herald reported board members agreed to keep paying his $252,000 salary through next February, and then for another six months, any difference between his old salary and a future job's income. And then there's the other gold-plated perks that drive us crazy in the private sector. Clifford gets $35,243 for unused vacation days, $21,971 for unused sick days, reimbursement for his pension contributions, a $78,000 payment for selling his home and another $75,000 for lawyer fees.
 In all, the Chicago Tribune reported Clifford could get $740,000 to walk away from his job.

Madeleine Doubek: Public Employee Salaries and Metra Severances Grow -- As Does Our Anger

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