Thats how you get ahead.

Discussion in 'Education' started by Mr.Fitnah, Jan 28, 2011.

  1. Mr.Fitnah
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    Mr.Fitnah Dreamcrusher

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    Seems like he planned the heist nicely , While on the clock and he will still get 15 large for planning

    Thompson, 64, who retired in December after 15 years with the district, already has received more than $800,000 of his retirement deal, which included a year's base pay at more than $225,000, as well as contract provisions that kicked in hundreds of thousands more.

    But that's not all.

    The contract also created the position of superintendent emeritus -- a position that has been paying Thompson $1,352 a day since his retirement to advise his successor, among other duties. That amount, over the 150 days laid out in the contract, would pay him more than $200,000 -- bringing the total to more than $1 million.

    In addition, the contract called for one other perk -- a onetime $15,000 stipend for "retirement planning."

    Wayne superintendent's $1M retirement package creates storm | The Indianapolis Star | IndyStar.com
     

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