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View Full Version : Nice work if you can get it



NewsWhore
12-04-2006, 05:40 PM
The Central Electoral Board (JCE) has approved some really "juicy" pension settlements for former and recent members of the board. Both El Caribe and Diario Libre comment on just how good these pensions are. According to the articles, recently substituted JCE chief magistrate Luis Arias will receive RD$159,250 (US$5,000) each month for the rest of his life. He worked at the board for eight years. His latest salary was RD$227,000 per month. Paragraph 4, letter D of Article 10 of the Pension and Retirement Plan for the JCE states that magistrates who have accumulated 20 or more years of service at the JCE or any other state institution are entitled to 60% of their basic salary. Letter D of Article 10 says that former officials "who have carried out important jobs", are over 55 years of age and have worked at least six years in any other job will get 60% of their basic salary. Little surprise that there were over 250 applicants for those nine posts!

More... (http://www.dr1.com/index.html#8)