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88%  
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  • Hidden pay for school superintendents-NJ report finds a system designed to deceive taxpayers

    03/14/2006 9:54:16 PM PST · by Coleus · 9 replies · 582+ views
    Star Ledger ^ | 03.14.06 | JOHN MOONEY
    A Bergen County school chief was awarded more than a half-million dollars in extra pay for unused sick time and other benefits, including $300,000 that was paid to his estate after his sudden death in 2004. The superintendent in Long Branch saw his income top $300,000 last year due to more than $110,000 in one-time buybacks and other payments. And a former superintendent from Teaneck may have added as much as $20,000 to his annual pension when his salary was boosted with end-of-career stipends and pay for unused leave. That doesn't include the $60,000 consultant contract and retirement golf trip...