Buyout deal sets bad precedent
Do you want to know why your real estate taxes are so high? I just read the article describing the separation agreement between D128 and Denise Herrmann.
Her new contract puts her on administrative leave which allows her to collect payments on a $304,290 salary and benefits for agreeing to stay home and resign. She will also receive a $20,700 contribution to her retirement plan, board paid insurance and $6,000 in transportation expenses.
In my day, when you separated from a company for poor performance or neglecting to perform the responsibilities in your job description, you were given one week of pay for every year of service in that position and a cardboard box to take home your belongings.
The school board should be ashamed of themselves for giving such a lucrative buyout of her contract. This sets a bad precedent for other separation deals for high-ranking administrators in other school districts. Look out Vernon Hills for next year’s real estate tax bill.
Martin Marcella
Prospect Heights