Posted on 04/19/2016 4:19:01 PM PDT by SMGFan
Stanley Sanger's retirement didn't last long.
Neither did his time away from Union City, where he was born and raised, then worked for 41 years as a teacher, school principal and, not quite finally, as superintendent of schools.
After being credited with leading a turnaround of Union City's largely working class, urban district, Sanger retired after the 2013-14 school year, intending to live off his $167,000 school pension, and devote more time to his family and his fishing pole.
But then came some unexpected personal demands — which Sanger preferred to keep private — and when the executive director position at the Union City Housing Authority opened up with the retirement of Virgilio Cabello, Sanger applied for the job and got it.
(Excerpt) Read more at nj.com ...
FISHING POLE..!
That was funny..!
Nice touch.
The real 1%
Eliminate public (Ponzi) pensions immediately
liquidate the fund and give the money back in a form of an IRA/401K type deal
no more public Ponzi pensions
Believe it or not, it actually makes economic sense for the city to rehire someone like this.
The city can hire him without paying into his pension. If they hired someone else, they’d have to pay the latent fisherman’s pension and pay the new guy and the new guy’s pension fund.
The city gets a cheaper experienced worker while they look for a permanent replacement.
A win for the taxpayers!
What and hell does he know about housing and welfare
This makes no sense, and is the reason why working taxpayers are evacuating NJ. I doubt Union City is contributing much to the overall welfare of its own bills, the county, the state, or the country; it is a hive of takers (in my own county).
Being a fellow long suffering New Jersey taxpayer, I followed a story a couple years back run by the Courier News. They calculated the total payout to some double dippers compared to hiring someone new and it worked out better for the taxpayers.
There was a lawyer for Bedminster, South Plainfield and another nearby town. Even though he was getting three salaries, it was cheaper than each town having to increase the pay to hire a full time attorney each.
In the public school system ware”housing” and welfare are the chief components of the system!
Look at what happened with McGreevey in my county; that deviant works so many years in various positions in NJ, but because he worked a few months in Hudson County before retiring we have to pay his pension (for all the work).
NJ isn’t dying a slow death anymore; it has accelerated QUICKLY.
While some on Free Republic have maintained that the pensions should be honored, there is little public support for that from the little people who have been screwed by these grifters for decades. If they must be paid in full, NJ is going to find that those remaining in the state (illegals and Welfarians) aren’t up to the task of funding them.
It is no accident that NJ has more than 25% of its population composed of foreigners; Americans and the companies that work for are fleeing in droves to escape these parasites. The high taxes we pay provide nothing for current residents, instead going to people who retired 20 years ago.
Public pensions are an illegal debt placed upon the future generation
They are a Ponzi scam at best
I agree; the problem in NJ is that they are already bankrupting the current generation, and there won’t be a future generation (of Americans) to tax. This isn’t something that will happen down the road; it is already unfolding in front of our eyes. If you saw my children’s class pictures, you would understand the open borders more clearly than anything else could demonstrate. In a town where the over-60 population is majority white, the under-40 population is probably 90% Hispanic; these imported newcomers have no intention of contributing anything towards the pensions of Anglos that retired 20 years ago, and the Americans and their employers have fled at the prospect of that looming debt.
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