Who Got the Two Million Dollars?

You know sometimes numbers just don’t add up. Take for instance the increase in salaries at Kentucky Retirement Systems (KRS). Stay with me a minute and walk though some of the data.

The current number of employees at KRS, according their current staff directory, is 245.
The number of employees at KRS on January 7, 2006, according to the staff directory at that time, was 243.

The changes include the loss of John Krimmel and Gordon Mullis and the gains of a couple of directors and five attorneys.

So for argument sake lets say the changes in staff cost KRS $100.000.00 more in salaries. Let’s also assume that the two new positions cost additional $75,000.00 per employee for another $150,000.00

We are up to $250,000.00.

We can also assume that every employee got a raise last year. Let’s be generous and say the all got a 7% raise from the previous year. The previous salary and per diem was $10,139,000.00, so a 7% raise for all the employees would cost $709,730.00.

This takes the total to $959,730.00.

But the total increase for salaries and per diem was $13,041,000.00

So the question is who got the approximately $2 million dollars?

Did the Board get some real nice, I mean really nice, trips to play golf?

Did the Executive Director and maybe other key staff get a hefty bonus?

Or did KRS pay off Krimmel and Mullis, with golden parachutes on the way out the door and a non-disclosure agreement not to talk about what was happening at KRS?

This sort of thing has already happened across the river in Indiana.

So which public servants, and I use the term loosely, got the $2 million dollars?