New York City Comptroller Brad Lander has requested the New York State Department of Financial Services investigate the troubled New York City Board of Education Retirement System [BERS] over “broa…
City Comptroller Brad Lander has called for a state probe into the Board of Education Retirement System after the pension fund’s deputy director allegedly lied to get a hefty raise.
Bureaucrat Daniel Miller is accused of falsifying a job offer in order to receive a $28,000 salary bump in 2018.BERS executive director Sanford Rich granted Miller the raise without verifying the nonexistent job offer – and without consulting the board, investigators said. Rich then used Miller’s raise to plead for a bigger paycheck for himself.
“The board’s failure to hold them accountable for their breaches of public trust has placed me in a difficult position as the City’s chief fiscal officer,” Lander wrote in his letter to Harris. “The BERS Board has not exercised meaningful oversight of the budget, allowing the same staff who breached the public trust in relationship to their own salaries untrammeled control over a rapidly expanding budget,” Lander said.
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