Pension boost for DWP exec
On top of his $247,000 annual salary, Los Angeles DWP board members have voted to pay $152,000 from the utility's power fund to boost the pension of Chief Operating Officer Raman Raj. Kery Cavanaugh in the Daily News.
The Board of Water and Power Commissioners unanimously agreed Tuesday in closed session to buy service credit for Raj so that he will collect a higher monthly allowance when he retires.
The board vote came on the same day that City Council members chastised the DWP for failing to adequately disclose that Raj had worked as a consultant for several firms set to receive multimillion-dollar contracts. They pushed for better conflict-of-interest disclosure.
About The
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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.
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