The Corner

In the Wrong Business, Part 247

The school board of Centinela Valley Union High School District in Los Angeles County is firing its superintendent, Jose Fernandez.

He was paid $750,000 a year

That’s three-quarters of a million dollars a year — not to manage some sprawling big-city school system (which would be questionable enough) but to oversee five schools and an independent-study program in the suburbs. 

But not to worry: He was previously paid only about a half-million a year. As the Los Angeles Times reports, “Fernandez’s unusually high compensation was in part the result of a one-time payout of $230,000 he used to increase his pension credits, which would give him a higher annual pension upon his retirement.”

So they were paying him an outrageous sum of money today in order to pay him an even more outrageous sum in the future.

These thieves are why we’re broke. 

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