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Report: Secretary Duncan got $50K payout from Chicago schools
Politico ^ | 2/3/12 | BYRON TAU

Posted on 02/03/2012 10:27:14 AM PST by ColdOne

Secretary of Education Arne Duncan got a $50,000 payout in unused sick and vacation leave when he left his job as CEO of the Chicago Public Schools system to join the Obama administration.

According to a new report by the watchdog group Better Government Association, the secretary was able to take advantage of department policy to covert unused, accrued benefits into a cash payout. Since 2006, Chicago's school system has paid $265 million to employees under this policy, with $227 million for sick days alone. The policy was put into place by the Chicago school board and predates Duncan, a spokesman for the secretary notes.

"People should take a good hard look at whether or not that policy makes any sense and whether it should be kept in place in these tight budget times," Duncan said in a statement.

Chicago-mayor (and former White House chief of staff) Rahm Emanuel has ordered a halt to payments and a change in the rules,

(Excerpt) Read more at politico.com ...


TOPICS: Government
KEYWORDS: arneduncan; chicago; chicagoway; duncan; education; payout; publicschools; unions

1 posted on 02/03/2012 10:27:16 AM PST by ColdOne
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


2 posted on 02/03/2012 10:32:29 AM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: ColdOne
Now that I got mine, people should take a good hard look at whether or not that policy makes any sense and whether it should be kept in place in these tight budget times," Duncan said in a statement.

there...fixed.
3 posted on 02/03/2012 11:08:17 AM PST by stylin19a (time to Obamanos)
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To: stylin19a

just another government bow wow...


4 posted on 02/03/2012 12:23:05 PM PST by Eric in the Ozarks (Eh ?)
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