Monday, March 19, 2007

Port Authority's liberal retirement system adds to money problems

Port Authority's liberal retirement system adds to money problems Internal Revenue Service records show that William W. Millar received $348,353 in salary and $110,183 in deferred compensation in 2004 as president/chief executive officer of the Washington, D.C.-based American Public Transportation Association.

At the same time, the Port Authority of Allegheny County sent him a $5,258 monthly pension check and paid for his health, vision, dental and prescription insurance even though he left as authority CEO more than a decade ago.

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