Short excerpt from CHAPTER FIFTEEN

Stealing Our Children’s Futures and Confiscating Our Seniors’ Golden Years

Graham’s $457,872 state and federal compensation in 2003 included: base pay of $185,001; time-and-a-half pay for approximately 330 hours of overtime at a rate of $133.41 per hour for a total of $44,180; a Christmas bonus of $34,000; $34,598 for cashed-in personal leave; and $160,093 for cashed-in sick leave.  In addition to Graham’s salary, he also receives: 54 days of paid vacation, three personal days, and 24 sick leave days, all of which may be converted to cash if not used; 18 paid holidays; 100 percent paid health insurance coverage for life under the Public Employees Insurance Agency; $100,000 worth of life insurance, an Individual Retirement Account paid to Peoples Bank at 15 percent of gross wages; Jefferson Pilot Disability Insurance; Concord Heritage Life Insurance; AFLAC Intensive Care and Cancer Insurance; and dental and eye care; and full reimbursement for a minimum of two out-of-state trips a year.  Graham’s salary increased significantly throughout the years as indicated below by the year followed by the actual salary received for that year.

5.1989 salary of $22,825
6.1993 salary of $50,127
7.1999 salary of $152,761
8.2001 salary of $217,175
9.2002 salary of $301,728
10.      2003 salary of $457,872 

To put it into perspective, in 2003, Graham’s $457,872 compensation was more than the salary of the President of the United States, more money than any member of Congress, and more money than any West Virginia statewide elected official.  In fact, if you combine the salaries of every single statewide elected West Virginia executive branch constitutional officer, you would only slightly exceed Graham’s salary.

Governor        $95,000 + 
Attorney General         $80,000 +
Auditor           $75,000 +
Commissioner of Agriculture     $75,000 +
Secretary of State         $70,000 +
State Treasurer     $75,000 +
      (Total combined salaries)       =  $470,000v.Bob Graham’s $457,872


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