Man with a Golden Parachute
Jay H. Walder is The MTA’s Man With A Golden Parachute
The Highest Paid “Public” Servant in New York is cutting hundreds of transit jobs and an unprecedented amount of subway and bus service with impunity.
Your Transit Fares Pay for this:
6-Year Contract
Salary
$350,000 annually
Benefits
$22,000 pension contributions annually
Housing
$5,000 per month
Golden Parachute
$350,000 minimum
$500,000 additional if removed “without cause.”
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