Council OKs Treme retirement bonus, more if he stays
Salisbury City Council has approved a retirement bonus for City Manager Dave Treme and an even bigger bonus if Treme works for two more years.
After a closed session Tuesday night, council voted to award Treme a bonus equal to three months of his salary when he retires, “in recognition of his loyal and superior performance as city manager for over 25 years.”
But if Treme remains in his position until Dec. 31, 2012, he may accrue an additional three months’ salary payment.
Treme’s annual salary is $139,726.50. So his bonus, if he retires this year, would be around $35,000. If he stays until the end of 2012, the bonus would grow to about $70,000.
The Post erroneously reported today that council took no action after the closed session. At Tuesday’s meeting, Treme assured a Post reporter he would notify the paper if the council took action after the closed session. However, he did not.
City Attorney Rivers Lawther said today he was supposed to notify the reporter Tuesday night about Treme’s bonus, and he decided to wait. Lawther apologized.
Read Thursday’s Post for more details.
Contact reporter Emily Ford at 704-797-4264.