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Friday, May 23, 2014

Virginia city official defends boosting worker’s pension by $400,000

Richmond’s top city official defended a decision to transfer one employee’s 800 hours of unused sick leave from her previous city job so she could receive $400,0000 more in pension compensation.

It’s “not a unique transaction,” Chief Administrative Officer Byron Marshall said, according to a recent city audit.

That only raises more unanswered questions about what other transactions happen in Richmond’s senior-level offices as the state drowns in nearly $2 billion of debt, according to the city’s most recent comprehensive annual financial report.

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