See larger A breakdown of Edison President Kenneth Walker's salary and benefits
CONTRACT (unique to Walker) -
Base salary: $322,400.00
Housing allowance: $36,042.24
Development allowance: $25,000.00
Life insurance allowance: $94,860.00
Retirement incentive plan: $73,238.40
Deferred retirement benefits: $106,797.84
Retention bonus: $48,360.00
Long-term care: $5,557.19
NON-CONTRACT (available to all employees) -
Senior Management Optional Retirement Plan: $45,136.08
Annuity match: $9,672.01
Health insurance: $6,012.00
Long-term disability: $475.00
Basic life insurance: $42.72
Personal car mileage value (no cash value): $14,121.68
Annual leave payout: $44,409.60
TOTAL compensation: $832,124.96

Photo by Graphic by Daily News staff, Source: Edison State College

A breakdown of Edison President Kenneth Walker's salary and benefits
CONTRACT (unique to Walker) -
Base salary: $322,400.00
Housing allowance: $36,042.24
Development allowance: $25,000.00
Life insurance allowance: $94,860.00
Retirement incentive plan: $73,238.40
Deferred retirement benefits: $106,797.84
Retention bonus: $48,360.00
Long-term care: $5,557.19
NON-CONTRACT (available to all employees) -
Senior Management Optional Retirement Plan: $45,136.08
Annuity match: $9,672.01
Health insurance: $6,012.00
Long-term disability: $475.00
Basic life insurance: $42.72
Personal car mileage value (no cash value): $14,121.68
Annual leave payout: $44,409.60
TOTAL compensation: $832,124.96

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