Author Topic: Illinois’ highest-paid superintendent fired after trying to collect $1.7 MILLION sick day payout  (Read 405 times)

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rangerrebew

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Illinois’ highest-paid superintendent fired after trying to collect $1.7 MILLION sick day payout
November 8, 2018
By Victor Skinner
 

Illinois’ highest paid superintendent was fired days before he was set to retire last month for allegedly fudging school records to score himself a $1.7 million going away present.

Calumet City school board dismissed superintendent Troy Paraday in October after news reports about a massive taxpayer-funded payout he was set to collect upon retirement prompted district attorneys to examine the issue more closely, Fox 32 reports.

According to the Illinois News Network:

Paraday earned $430,000 a year. On top of that, he tried to cash in 885 unused personal, sick and vacation days worth more than $1.7 million, according to his calculations.

A Calumet City Police report filed in October described the “suspicious activity.”

http://eagnews.org/illinois-highest-paid-superintendent-fired-after-trying-to-collect-1-7-million-sick-day-payout/

Offline SZonian

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Funny how the vast majority of companies have a limit on the number of hours/days of sick or vacation time that can be accrued, but in states and local governments they don't.

The use it or lose it philosophy and a limit on accruals needs to become commonplace in the public sector.  Taxpayers simply cannot afford this on top of the insane pension plans.
Throwing our allegiances to political parties in the long run gave away our liberty.

Online dfwgator

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Like I said, you could get rid of 90 percent of school board employees and slash the budget by 90% and not miss a beat.