What I then learned subsequently, after already having the opportunity to reveal this information about the salaries, was that I really did not have all the information. In fact, the benefit packages may even be higher. That is certainly true with regard to the president of RFE/RL. GAO issued an opinion on September 9, 1993--and this is after our committee work--regarding the illegality of an additional benefit provided the president of the RFE/RL, and this benefit has been provided to him since 1985. In addition to the salary he received listed on this chart, Mr. Pell also received a yearly allowance of $15,000 which he was not required to account for and payments to a special supplemental retirement plan. GAO determined that the Federal Government has paid $126,000 into this special fund in Mr. Pell's behalf and that the total value of this supplemental retirement plan has risen to over $200,000 today. Again, the American taxpayers are paying for this outrageous compensation package. When Mr. Pell voluntarily resigned last fall, he was also paid $137,000 in severance benefits for what was a voluntary resignation. It was not even a termination. Both the BIB inspector general and GAO have determined that the payments to the special retirement plan were deferred compensation and actually violated the explicit provisions of the authorizing statute.
Russ Feingold: “What I then learned subsequently, after already having the opportunity to reveal this information about the salaries…”
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Feingold discusses the compensation and benefits of the president of RFE/RL and related legal issues.
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