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Former SU head's $6500/month retirement suit to La top court

1 year 6 months 3 days ago June 02, 2015 Jun 2, 2015 Tuesday, June 02 2015 June 02, 2015 12:54 PM in News
Source: Associated Press
By: Janet McConnaughey

NEW ORLEANS - The Louisiana Supreme Court says it will consider whether a state retirement system must keep paying what it says is nearly $79,000 a year too much to the former head of the Southern University System.

A state retirement system wants to cut Ralph Slaughter's future benefits and collect the amount it says he has been overpaid. Lower courts say it cannot do that because of a bureaucratic error.

Slaughter retired in 2009 as president of the nation's largest historically black university system, with retirement pay of $24,487.95 a month.

His contract as president included a state salary of $220,000 a year plus $200,000 a year from the Southern University Foundation.

The university notified the retirement system in 2010 that it mistakenly included foundation money in Slaughter's state retirement base pay.

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