02-17-2011, 11:20 AM
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#1
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Hall of Fame Poster
Join Date: Aug 2006
Location: Boston
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Massport chief’s $459G goodbye
I mean, seriously now.
Massport chief’s $459G goodbye
By Christine McConville
Thursday, February 17, 2011 - Updated 5 minutes ago
Massport chief Thomas Kinton, one of the state’s highest-paid public employees, is leaving the embattled airport agency with nearly half a million dollars, as he takes advantage of a controversial sick-day buyback policy the agency scratched five years ago.
Kinton earned $312,000 last year, according to Massport payroll records obtained by the Herald.
And now, thanks to the agency’s generous but curtailed buyback program, when he retires June 1, Kinton stands to collect $459,616.01 for sick days he never used during his 35-year tenure at the quasi-public state agency. He will also collect a pension of about $200,000 a year.
“This is what I’ve worked for,” a somewhat chagrined Kinton, 59, told a media scrum when peppered with questions at yesterday’s press conference. “I’ve committed 35 years here, knowing what the benefits are.”
Massport chief’s $459G goodbye - BostonHerald.com
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"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
Leo Tolstoy, 1897
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