To the Editor:
Here are some numbers that give more information on President Shepard's contract.
These numbers do not include use of the President's house or any other non-cash benefit.
President Shepard’s old contract:
Base salary $270,000 plus guaranteed bonus of $25,000: Total $295,000
80% of premium for health insurance……$5,000
80% of employee’s retirement contribution…..$29,500
Education Retirement Board Contribution……$8,100
Car Allowance…..$10,800
Total cash benefits $53,400, total cash income $348,400.

President Shepard’s new contract
His base salary remains the same at $270,000.
His bonus now becomes a performance bonus increased from $25,000 to at least $50,000; the $50,000 can be increased to an unstated amount for exceeding expectations, an increase of at least $25,000.
A new annuity of $1,200 per month or $14,400 a year.
An increase to 100% of state retirement from 80%; worth about $10,000.
An increase to 100% for health insurance from 80% worth about $2,000.
His total increase is about $50,000 a year.
President Shepard's total cash income is now about $400,000 a year.

Other salary increases at Western for this year:
VP Academic Affairs From $152,085 to $196,000 increase of 29%
VP Student Affairs $113,760 to $130,000 increase of 14%
VP External Affairs $111,529 to $125,000 increase of 12%
Head of Financial Aid $50,779 to $70,000 increase of 38%
Head of Admissions $45,000 to $47,477 increase of 6%
Head Student Records $58,918 to $70,000 increase of 19%

Faculty and staff increase $0.

Alfred Milligan
Silver City, NM