Print Friendly, PDF & Email

Top school district superintendents have used the sick-leave perk to boost their pensions by $350,000 or more over the course of their retirements.

Read Article

Sort by:   newest | oldest | most voted
Another aspect is how the sick days are earned. Some school boards have given lump some blocks of 100 or more sick days to Superintendents in their contracts. The Superintendents cash the unused sick days in at final salary or final average salary at retirement (not the salary rate when granted), or exchange them for years of service credit to retire earlier than would otherwise be allowed (1 sick day = 1 day worked). The school board members typically get re-elected. The cashing in of sick days at retirement at the final salary or final average salary rate (as opposed to the salary rate at the time… Read more »