H.3092 is a refiling of a bill from 2011. The bills prohibit the total value of a severance package given to a superintendent in connection with terminating his contract from exceeding the total value of his compensation received annually under his contract. As reported by the Nerve the bill was originally prompted by a severance package given to a superintendent that exceeded $400,000. Considering the lucrative contracts to which many superintendents are signed, this would be a wise way to prevent waste of taxpayer dollars. Taxpayers shouldn’t be forced to pay an extravagant fee to remove underperforming education administrators.
By South Carolina Policy Council
Since 1986 the South Carolina Policy Council Education Foundation has advocated innovative policy ideas that advance the principles of limited government and free enterprise. The Policy Council is the state’s meeting place for business leaders, policymakers, and academics – as well as engaged citizens – who want to see South Carolina become the most free state in the nation. For questions or comments on the articles on this website, please email Research Director Jamie Murguia.