It’s Good to Be the King

May 16th, 2011

Taxpayers in Illinois are looking at close to a $900 million salary and pension liability for the top 100 school administrators in their state. That’s not a typo.
New York? The same situation. New York residents are paying for some sweet pensions.

(James Hunderfund) receives $316,245 annually since retiring as superintendent of the Commack school district on Long Island two years ago. He soon returned to the school administration business first as an interim superintendent and now as permanent superintendent of the Malverne school district. His pay is $1,000 a day.

One retiree, former Roslyn school district superintendent Frank A. Tassone Jr., receives his annual $173,495 pension in prison after being convicted of stealing $2.2 million from the school district.

Now I know what the “public good” means. It means screwing the public good. That was only a couple of years ago, I am sure things are much better now.  In case anyone doesn’t get the title reference, here is one of my favorite movies of all time.