September 23, 2016
Springfield College Defends $4M Retirement Payout for Former President Richard Flynn
Flynn's base salary for his final year was $350,000, a figure Roulier said is in line with presidents of similar institutions.Richard B. Flynn, who retired in August 2013 as Springfield College president, received more than $4 million as president emeritus in fiscal 2015, according to tax documents filed by the college. Stephen A. Roulier, Springfield College executive director of communications, said the payments to Flynn as president emeritus include his retirement plan's deferred income and interest over the 14 years, along with contracted payments for such things as accrued but unused vacation pay.