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Superintendent will draw 100k pension, plus continue 150k job
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04-05-2011, 11:56 AM
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Superintendent will draw 100k pension, plus continue 150k job
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Mr. Bejarano is one of an increasing number of public employees here who are retiring one day and going right back to the same jobs the next, enabling them to supplement their income with retirement benefits without really retiring at all. The practice, restricted under Arizona law but common nonetheless because of loopholes, has come under fire recently from critics who say such “double dipping” is endangering the financial health of state pension funds. ... That he will receive the same salary and benefits of about $150,000 a year, along with a pension of about $100,000, has angered many local residents because Mr. Bejarano’s own financial restructuring comes as the struggling school district he oversees is planning to lay off staff members and close two schools. ... http://www.nytimes.com/2011/04/02/us/02s...ndent.html |
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