The Asbury Park Press editorial today highlights more taxpayer abuse on the part of the New Jersey education establishment.
Joseph Passiment, 61, is retiring as the Manalapan-Englishtown school business administrator with a $153,000 payout for unused sick time and a $80,000 annual pension, while moving into another government job that pays $95,000.
Carole Knapp Morris is the county executive superintendent of schools. She retired from her $180,000 job as Manasquan schools superintendent and now collects a pension of $134,450 per year, in addition to her $120,000 salary as county superintendent.
These cases illustrate why the state pension system is broken and why the state is going broke. The retirement age is too low to collect a pension. Paying someone a pension while they still work for the government is crazy.
School administrators often justify their lucrative compensation by comparing their skills and responsibilities to business executives. If they want to retire from their government jobs and start collecting pensions while continuing to earn six figure salaries, they should compete for high paying jobs in the private sector.
That would be fun to watch.
Posts
4 comments:
Is the definition of politician.....PIG ??? It gets worse every time one reads the newspapers. N.J. is hopeless as it doesn't matter what party is in power or what level of government---- they all STINK. GREED is the order of the day. Too bad we can't throw all of them in jail...this is burglary of the taxpayer at it's worst. can't even leave this state without the screws being put to you !!!
Art,
I understand the problem with the woman in Keansberg. To have a buyout right at retirement along with a pension is rediculous.
I don't see where this guy is getting that.
Can you list specifically what problems you have, if any, with this person?
Tom,
Sorry I didn't make it clearer. I said, "Paying someone a pension while they still work for the government is crazy."
It is double dipping. The system is frought with abuse.
If someone is still working for the same employer, in this case the government, whether it's a different agency or not is immaterial as it is the same pension system paying, that person is not retired and shouldn't collect a pension.
If we are going to have pensions at all, which is another debate, retirees should start collecting after they stop working.
How is this for abuse?
Matawan gives additional benefits to retiring Borough employees outside of the IBEW Collective Bargaining agreement. Council members lie when questioned by residents. This is costing the Borough money. With all the spending going on you would never know Matawan Borough is having Budget difficulties.
Post a Comment