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£500,000 'golden handshakes' for two council employees, accounts reveal
['Exclusive', 'Stuart Reid']
Cumnock Chronicle | News
The exit package values include redundancy, pension strain, and compensatory lump sum for retirees.
Total exit packages for all council employees sat at £802,000, compared with just £150,000 the previous year.
Chief executive Eddie Fraser and depute chief Richard Grieveson also stepped back from their roles in May, before Mr Fraser officially retired in June.
Joe McLachlan has since taken on the council's top position, while David Mitchell has stepped up as depute chief executive.
"In respect of exit packages, it references the values include the notional capitalised cost of compensatory added years and strain on the fund costs.