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Wednesday, September 07, 2011

Supersized buyouts for school chiefs under scrutiny

Why do school board members elected to represent taxpayers hand over hundreds of thousands of taxpayer dollars to overpaid school officials so they would leave? Where is the accountability?

From an article by Christina A. Samuels in Education Week:
Arlene Ackerman's $905,000 settlement with the Philadelphia district grabbed headlines, but she isn't the only Pennsylvania superintendent who has been shown the door in recent months with a generous settlement in hand.

According to media reports, William Hall, who led the 3,050-student Gettysburg district, left in February with $542,000. That included two years of salary and forgiving the mortgage on his house, which he had bought from the district's vocational education program. In August, Gerald Zahorchak, Pennsylvania's former secretary of education, was bought out a year into his five-year contract to lead the 17,700-student Allentown district. He will be paid a year's salary of $195,000 and a $55,000 lump sum.
Education Week: Supersized Buyouts for School Chiefs Scrutinized

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