Academic

WHY ARE HIGHER ED COSTS SO HIGH? Retired, then rehired: How college workers use loophole to boost p?

By Glenn Reynolds

WHY ARE HIGHER ED COSTS SO HIGH? Retired, then rehired: How college workers use loophole to boost pay. “Greg Royer ranks among the state’s top-paid employees, with a salary of $304,000. But that’s just part of his income. For nearly seven years, he’s also collected an annual pension of $105,000. Royer, the vice president for business and finance at Washington State University, tops a long list of college administrative staff members who’ve been able to boost their incomes by up to 60 percent by exploiting a loophole in state retirement laws.”

Note that he’s an administrator . . . .

Full post as published by Instapundit.com on June 29, 2010 (boomark / email).