13 December 2021: James Malatras' Golden Parachute

Run-out SUNY boss Malatras eligible for $450K 'study leave' golden parachute

This report indicates that powerful political insiders like James Malatras get special benefits that regular employees don't, even when they've engaged in extremely unprofessional and toxic behavior while on the job. Here's an excerpt from the New York Post's exclusive story:

State University of New York Chancellor James malatras, who was forced to resign amid a cloud of controversy for his role in enabling ex-Gov. Andre Cuomo, is eligible for a $450,000, year-long "study leave," a copy of his appointment contract obtained by The Post reveals.

The SUNY Board of Trustees is reviewing Malatras' contract singed Aug. 31, 2020, when he was first appointed to the position, which says the SUNY boss could pocket his current $450,000 annual salary after leaving his chancellor post.

Once teh year is up, he'll also be eligible for a max $245,000-per-year faculty post, akin to the "highest salary" in SUNY's Department of Social Science or Public Affairs at Empire State College, plus state retirement benefits.

With extra special benefits like that, it's a wonder more political apparachik's don't resign from their appointed positions more often.