Turnaround Dictator Comes with Big Bucks
If there are going to be public-sector pensions, then judges should receive reasonable ones, and somebody being paid to turn around a failing municipality should be compensated well for undertaking the responsibility, but state Senator William Walaska (D, Warwick) has a point about the amounts involved in Central Falls:
I was outraged when I read that retired Superior Court Judge Mark S. Pfeiffer would accept payment of $200 an hour, up to a cap of $164,000, as the receiver for Central Falls, on top of his $123,490-a-year state pension (Journal: “Retired judge steps in to run finances,” July 17). His wife is District Court Judge Pamela Woodcock Pfeiffer, who is paid $148,900 a year. This doesn’t even count the money that Judge Pfeiffer is making as an arbitrator.
Unseated mayor Charles Moreau, you might recall, was receiving the healthy sum of $71,736 in salary (plus plenty of perks, no doubt). Why the receiver — who already has much for which to be grateful to the State of Rhode Island — requires twice the mayor’s old pay must be (let’s just say) above my pay grade to understand.