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Friday, March 16, 2012

CERRITOS COLLEGE TRUSTEES CASH IN BIG ON MEDICAL BENEFITS

(Back story:
Los Cerritos Community Newspaper Group has been working on the below article for the past two months, and have interviewed more than two dozens sources.  Thanks to everyone at Cerritos College for providing the documentation we requested under the "Freedom of Information Act."  More to follow....)


By Randy Economy and Brian Hews
Five of the seven current elected members of the Cerritos College Board of Trustees have collected nearly $300,000 in cash payments that is intended to cover medical insurance needs, and it is all legal under a little known loophole in California state law.
Trustees currently earn $6,126 annually for attending one or two monthly official board meetings. But their overall compensations skyrocket when they decline to enroll for health insurance coverage and take “cash in lieu payments” that would normally go towards that coverage.
Trustees oversee the direction of the Norwalk-Cerritos based campus but have no direct authority in the day to day operation of the campus. Cerritos currently has an enrollment of 23,432. In 2011 they met 19 times to conduct the business. In 2010 they gathered a total of 22 times, and 2009 they conducted 19 regular meetings and an additional four specially called sessions. ...



VISIT LOS CERRITOS COMMUNITY NEWS FOR THE ENTIRE ARTICLE!


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