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 ...
The list, Ping
Let me know if you would like to be on or off the ping list
just another government bow wow...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.