Miguel Exposito Walks With Almost a Million Bucks, Six-Figure Pension After Firing

Categories: Politicks
Exposito with gun.jpg
If ex-police chief Miguel Exposito didn't look all that torn up on Monday when the Miami City Commission sacked him, there's a good reason: Not only can he ignore all of Mayor Tomás Regalado's nonsense from now on, but also he's walking away with some serious money.

Exposito will leave the city with a $906,955.30 one-time payday, assuming he cashes out all of his unused vacation and sick time, according to Riptide's records request. That's on top of the annual $118,399 pension he'll collect the rest of his days.

Exposito was canned this past Monday after three city commissioners backed City Manager Johnny Martinez's move to fire him for "not obeying orders."

In the real world, of course, he was fired for being a flaming catastrophe of a police chief and for picking insane public fights with everyone from the mayor to the state attorney to the FBI.

But that doesn't mean Expo doesn't still have a nice payday coming his way.

The biggest lump sum comes from the city's DROP program, which lets employees bank pension cash in exchange for promising to retire early.

Exposito enrolled in 2005 and stored an impressive $730,907.50, says Daniel Orta of the city Fire Fighters' and Police Officers' Retirement Trust.

Exposito has also banked $72,121.43 in unused vacation time, says Diana Gomez, the city's finance director, and $118,399.20 in sick time -- although he hasn't filed paperwork yet to claim the sick time payout.

After 37 years on the Miami force, Exposito also has $118,399 in pension funds headed his way.

And don't be shocked to see the chief file a wrongful termination suit against the city before all is said and done.

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Rafael
Rafael

If anyone in this city deserves his paycheck is that man.

Fire union multi-millionaires
Fire union multi-millionaires

Citizens are just beginning to catch on that cops and firemen (especially firemen) are getting lottery winner rich by working for governments.

Normal taxpayers are struggling and City of Miami firemen have become multi-millionaires.

PEGANSUN
PEGANSUN

I'M SICK over all these 'CIVIL SERVANTS" making Bank....In my youth when contemplating a career we were always advised a University Education & then go into the Private Sector for the best benefits & a long happy career. NOW the private sector is getting screwed while Government employees are Insulating themselves & still are extremely inferior than the Private Work Force. When will the Citizens vote & demand Controls over these people?

Gerry Schaffer
Gerry Schaffer

What shocks me - is how can a Police Chief hold on to a position like this for so many years? If he was fired or retired as a sergeant no one would have an issue. Though it is unlikely a sergeant would ever be fired!  These positions should have a limited life,so officers do not become a 'flaming catastrophe' to the city and citizens.

RetiredMPD
RetiredMPD

Tim....You’re all either way off or a little short on what a retiring MPD PO gets. Depending on whether you think about $300K is a lot of money??? Yes, PO's get the DROP (it’s their retirement money being held for them), sick time, vacation time and a little more if they have over 25 years. Much less than the corrupt congressman and Senators you support either on the left or right. In addition I'm happy to report it's all subject to being "rolled-over" in a 401 type account, meaning we do not have to pay taxes until we actually take money out.

Also, you missed the side retirement account we have called "1%", which was over $300K for me and close to that for PO's with over 30 years.

Add all these up and it's easily $1 million cash with no taxes until you take it out. Fortunately there is nothing the gripers can do about it.

In the future you cry-babies can vote/bitch a change, but you will only be hurting the new PO's.

And you better be careful, as who is going to risk their lives for 30plus years in a City that had 11 people shot and killed last weekend????

Glad I got mine before you and the Herald wised up!

Disgusting
Disgusting

Disgusting.

The money came from the taxpayers. They get screwed every step of the way.

Fire employees get even more money.

Soledad829
Soledad829

You're comment is disgusting and nothing more than hate filled tea party style rhetoric.  You provide no real numbers and just make generalizations.  You want to pile everyone up together by saying "ALL" and it's far from the truth.  You want to use the few as an example to condemn the majority and it's not right.

Seven
Seven

those who "knock" the Tea Party are nothing but a bunch of punks and domestic enemies of the constitution... Things are not always about numbers.. The reason we are in so much turmoil in this country is because of ignorance of the facts. Go back to your shell and perhaps your govt job.. moron.

The Kingfish
The Kingfish

Being against taxpayers getting screwed is "Tea Party-style rhetoric" and therefore incorrect? That's a faulty argument if I ever heard one.The numbers are in the article. The sooner this clown is gone, the better. Cities need to stop hiring big-city style police chiefs and paying them megabucks. They need to focus on community policing where cops KNOW people in the community and most of all DE-escalate the drug war. Prohibition did not make sense in the 20s and it does not make sense now.

DLovable
DLovable

That will buy a lot of croquetas.

FThis
FThis

Christ that's a lot of money for a cop.  There's plenty of dough to fix many of Miami's problems, unfortunately the greedy pigs (literally in this case) are stealing it all.

Soledad829
Soledad829

It's nice to be ignorant and misinformed.  How would you like to save money for 37 years and then have someone like you suggest that it should be taken away from you?

P_Nis
P_Nis

37 years of service, the money is his.

Now think about it, if he was as bad as everyone says, why didn't he just turn a blind eye to the mayor and his mob friends and collect even more money? Instead he went after them and it ended up costing his career. He's gonna get the last laugh when the Feds come in and take away TomASS and friends...

Lead by Example
Lead by Example

P nis thanks for your commentary but its useless. Im laughing my ass off at the picture of you about to suck another mans dick on your profile image. Get to it.

Guest
Guest

You write he will leave with a one time payday, that makes it seem like the city has to write a check for his DROP.  That money is already in his DROP account. 

Tim Elfrink
Tim Elfrink

I asked Orta how the chief can use those funds in his DROP account. Here's what Orta told me: "The funds accumulated will be available to him at the time of termination, he has the options of taking the lump sum or periodic distributions."

Dumbassmunderiezer
Dumbassmunderiezer

How was he a catastrophe as a chief? Because his officers killed bad guys? Because he didnt put up with the Mayors corrupt actions. He was a great chief that ran a department in the black while everybody else was in the red in these poor economic times.

sixn1
sixn1

killed "bad guys"... who determines whether or not they were "bad guys" or not.. Police are not to make those determinations... as far as the mayor.. the people voted him in and they should vote the corrupt sob's out.. but they wont.. cause most are sheeple.

Jtap78
Jtap78

Yes, that’s right bad guys. As a matter of fact they need to put more bullets in those good for nothing ghetto ass fools. Unless you are one of those ignorant fools yourself for opposing. Hope to God, one of your loved ones ever get caught in a drive by, maybe then you will change your mind, God forbid. I don’t get it, you all see the death, and destruction caused by drugs and gangs in your hood, yet you choose to complain when law enforcement finally bring them fools down 6 ft like they deserve. How many innocent people die in the hands of these punks as thugs, they don’t care about the innocent lives they take, so why should we care about one less punk the cop’s gun down. They don’t play by the rules, so the police should not care to play by the rules also. Many blessings to MPD and Metro PD keep gunning them down boys.........Great job!!!!!!

J.R.
J.R.

I saw their photos. They were bad guys.

Marieblue09
Marieblue09

no que no teniamos dinero...damn... slap in the face for all those officers fired recently cus there was no money. 

P_Nis
P_Nis

Have you confirmed his retirement?

Tim Elfrink
Tim Elfrink

The city tells me he's not eligible for "roll back rights," which if I'm untangling bureaucrat-ise correctly means his firing is the end of the line. Retirement or not, he's no longer a city employee.

Guest
Guest

Riptide you're wrong.  The 900 some odd is in his DROP account and they are still figuring his vacation and sick time.  You have to remember that he went into the DROP as a major, and his pension is based on a major's salary not his salary as chief.  Verify Verify Verify.  At least you were a little more accurate than Glenna Milberg!

Tim Elfrink
Tim Elfrink

Did you read the post, Aldad? The numbers are straight from the city. He's got $730K in the DROP, $72K in vacation and $118K in sick time. As I reported, he hasn't filed paperwork yet to get the sick time payout, but that's what he's entitled to.Straight from Diana Gomez' mouth! 

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