Port Authority Execs Collect $2M in Hidden Pay

Some executives make up to $70,000 more annually than the salaries that have been released to the public, the review found.

Port Authority of New York and New Jersey executives have collected more than $2 million in extra compensation over two years that's hidden from the public through a variety of packages that help boost pensions, The Record newspaper reported.

Some executives make up to $70,000 more annually than the salaries that have been released to the public, a review by The Record found.

About 650 nonunion employees claiming perfect attendance were able to trade in vacation days for compensation under what's known as the Amended Vacation Exchange.

The newspaper obtained the information about the undisclosed extra pay from the New York Comptroller's Office after spending months requesting data from the bistate agency.

Port Authority attorney Daniel Duffy declined to provide the additional information in September after he was told that the figures released by the agency did not include extra pay, The Record, of Woodland Park, reported Tuesday. Duffy's letter cited a provision in the Port Authority's Freedom of Information policy that allows the agency to keep information secret when it would be an "unwarranted invasion of personal privacy."

Gov. Chris Christie, who oversees the agency with New York Gov. Andrew Cuomo, called the extra compensation "inappropriate and excessive."

The salary add-ons include a 5 percent bonus, called Longevity I, given to three current "essential employees" who sought retirement after the 9/11 attacks but were asked to remain, Port Authority spokeswoman Jamie Loftus told the newspaper.

Longevity II gives employees with 25 years of service an extra 2 percent salary increase and increases of another 1 percent for every five additional years, she said.

Port Authority Chairman David Samson said he was not yet aware of the details of the payments aside from the unused vacation program. He called that program "anachronistic" and "inappropriate" and said it would be examined as part of an ongoing review of spending.

Copyright AP - Associated Press
Contact Us