Our school district superintendent retired a few years ago, after only two years of a three year contract. She was 56, and with 35 years on the public payroll, she was entitled to 2.5% of her final average salary time years of service. This would be 80% of a six figure income, and no social security tax. She moved to Albany, NY, and got a job with the school district there, and will be double dipping, while those of us in the private sector, who are forced to pay those benefits, will be lucky if we can single dip.
And people wonder why the union pensions are drowning the states. she will ofcourse get some kind of pension from NY bet on it.
In NJ, one supt actually wrote her own exit package which totalled some $650, 000-—just to retire. Not including her pension, annuities, Cadillac family benefits, bonuses, etc, etc, etc.
She had also hired her husband-—but there was no info what she stole from taxpayers for him.
BTW, the exit pkg was negated by the courts and she settled for much less-—an amt that she supposedly used for legal fees to fight the taxpayers.
The zinger is that she was employed in a so-called Abbott district-—a low income area which is subsidized by the entire state’s tax dollars.