- Associated Press - Monday, February 2, 2015

CHICAGO (AP) - Republican lawmakers are targeting so-called “golden parachutes” after College of DuPage trustees approved a $762,000 buyout package for the school’s president.

At a news conference Monday, several legislators said they’re proposing bills to protect taxpayers from future large payouts.

Rep. Jeanne Ives of Wheaton says residents “are demanding action.”

One bill would cap the size of severance payouts. Another would make severance agreements subject to the state’s open records law so the public could review them.

Rep. Ron Sandack is sponsoring a measure that would reduce the state money a community college receives if its trustees take similar action.

College of DuPage trustees voted last week to give President Robert Breuder nearly three times his base salary when he retires in March 2016 - three years before his contract expires.


Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide