Public hospital president's retirement pay spotlights issue of 'supplemental' pensions

The president and CEO of a Salinas, Calif.-area public hospital district will receive nearly $4 million in retirement pay on top of his $150,000 annual pension. Such 'supplemental' pensions are one focus of criticism over the way public officials are compensated in retirement.

When he turned 65 two years ago, Samuel Downing received a $3-million retirement payment from a public hospital district in Salinas, Calif., where he serves as president and chief executive.

Source: http://feeds.latimes.com/~r/latimes/news/~3/LfyDOLZePE4/la-me-pensions-20110428,0,4966694.story

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