Huge buyout possible for Montiel

Rudy Montiel, the ousted director of the Housing Authority of the City of Los Angeles, could receive upwards of $405,000 under an 18-month buyout of his contract, officials said Wednesday. Daily News.

The city is negotiating a separation package for Montiel, whose contract included a provision that he receive 18 months worth of benefits if he was fired.

Montiel earned an annual salary of $270,000 and 10 weeks of vacation, plus benefits that included health insurance and a pension. He also received a housing allowance that could add $104,000 to his buyout package, officials said.