• Latest Political News
Ex-campaign exec pleads not guilty
Ex-campaign exec pleads not guilty

Governor Susana Martinez' former campaign manager pled not …

Santa Fe to vote on gun control measure
Santa Fe to vote on gun control measure

Councilors are set to vote on a proposal that would outlaw high…

Senator touts N.M. tech in first speech
Senator touts N.M. tech in first speech

In his first speech on the Senate floor Martin Heinrich pressed…

Buyer surfaces for Rio Rancho golf course
Rio Rancho golf course may have buyer

The Chamisa Hills Golf and Country Club in Rio Rancho may have …

Chair of medical-marijuana board ousted
Chair of medical-marijuana board ousted

The state medical marijuana advisory board's chairman is …

Advertisement

Rehm tries again to deflate job payouts

Lawmaker takes third stab at 'golden parachutes'

Updated: Friday, 25 Jan 2013, 7:06 PM MST
Published : Friday, 25 Jan 2013, 7:06 PM MST

SANTA FE (KRQE) - High-profile payoffs to departing public employees have angered some New Mexicans to the point that one lawmaker is trying to turn those golden parachutes into bronze.

State Rep. Bill Rehm isn't trying to ban the big buyouts bestowed on coaches and university presidents get in recent years, but he is looking to put a cap on it.

When former University of New Mexico football Head Coach Mike Locksley was fired in 2011 , he pocketed $750,000 to go away.

Just three months ago, New Mexico State University President Barbara Couture got more than $450,000 plus another $100,000 in salary even though she was no longer working for the university.

"The one that's humorous is Rocky Long." Rehm says referring to Locksley's predecessor at UNM.  "We paid him to go over to California and come back the next year and beat our football team."

But Rehm doesn't think the idea of a golden parachute is so funny.  He's tried twice to block the benefit in some cases and in a shift this legislative session is pushing to limit the payouts.

"It cannot exceed one year's salary, or if it's a high salary, more than the governor's salary for the previous year," Rehm says.

Gov. Susana Martinez currently makes $110,000 a year, meaning neither Locksley nor Couture's buyouts would've been valid under Rehm's bill.

Opponents have said buyouts are necessary to attract top talent and get rid of underperforming employees.

"I totally disagree with that," Rehm says.  "If you're going to pay $750,000 to a million dollars to an individual, I think you can find an at-will employee who will work for that amount of money."

Both of Rehm's previous attempts at reforming public employee golden parachutes were killed in the same committee: House Judiciary.

This year's attempt has to go through that same committee.

A UNM athletics spokesperson said Athletic Director Paul Krebs is out of town and could not comment.

The bill would only apply to employment contracts signed or renewed starting this July.
 

Comment With KASA.com's commenting system, you don't need to register. You can login with an existing Facebook, Yahoo!, Google, or Twitter account and more. 
 

comments powered by Disqus

Advertisement
  • Trending Stories
    No Stories Available
  • Current Conditions - Statewide
Advertisement