LOS ANGELES : MWD Official Withdraws Life Insurance Proposal
Metropolitan Water District General Manager Carl Boronkay has withdrawn a proposal that the district buy $150,000 in life insurance policies for himself and another top official.
The MWD board of directors had rejected the fringe benefit proposal last week as they also turned down proposed 6% pay raises for other managers. Boronkay, along with chief counsel Fred Vendig, were to receive the tax-sheltered insurance policies in lieu of pay raises. Boronkay earns $189,000 and Vendig $149,100.
The MWD board will reconsider pay raises for other management employees later this summer. Rank and file workers at the MWD, representing about 75% of all workers at the agency, are in the last year of a three-year contract and will get raises of 5% in July and 2% in December.
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