The Boston Herald reports former MBTA executives and union workers have been increasing their pensions by more than $5.3 million a year with deferred compensation.
More than 300 people who have already retired from employment by the transit system are getting deferred compensation, the Herald reports.
The Herald says it crunched the data from recently released records.
One retiree who receives deferred compensation is Michael Mulhern, who earns $225,000 a year as executive director of the MBTA Retirement Fund, and then takes in additional $149,302 in benefits each year, including more than $84,000 in deferred compensation every year along with his $64,865 pension, according to the Herald.
