State Auditors Question $250,000 Severance Payment For CHFA Employee
The state auditors are questioning a severance payment of more than $250,000 for a state employee who was not required to report to work daily during a three-month transition period.
The auditors said it was "questionable" for the Connecticut Housing Finance Authority to award a large severance to Eric L. Chatman, the former president and executive director who left the agency last year after about 21/2 years on the job.
In a report issued Tuesday, the bipartisan auditors said the housing authority should "avoid making payments that could be deemed unreasonable."
Public records state that Chatman was paid more than $323,000 during the 2015 fiscal year and received fringe benefits worth $47,348 for total compensation of $370,832.
Read more: http://www.courant.com/politics/hc-chfa-severance-250k-20161101-story.html