For Immediate Release:
'RETIRED' ATLANTIC CITY TOURISM COP HITS NJ PENSION JACKPOT WITH A LITTLE HELP FROM HIS ATTORNEY GENERAL FRIENDS
The commander of the Atlantic City Tourism District "retired" last year, though only on paper. He remains on duty – and on the Attorney General's payroll with an $80,620 state salary.
Instead of one state check, Gilbert now gets two – a jackpot totaling nearly $174,000 a year – thanks to the Attorney General's office, which has a history of turning its retired employees into double-dippers.
A New Jersey Watchdog investigation found 24 "retired and rehired" investigators working for the Attorney General. They collect $3.95 million a year — $1.66 million a year in pension pay plus $2.29 million in state salaries. On average, they each pocket $164,570 a year — $95,575 in salary and nearly $68,995 from pension.
The revolving door of retired and rehired state employees is a controversial practice that drains money from the retirement system, already underfunded by $36 billion according to the State Treasury.
For the complete story, click here or visit www.njwatchdog.org.
3 comments:
Yet no press on the multiple job holding democrats from Red Bank???
This is not a ONE party problem M<ike, get over yourself. Corzine and McGreevey had a chance to fix this problem when they had demcratic power in both houses. It easy to point fingers, its hard to stand up and say let's do something about it!
Maybe you should try to convince your fellow Dems in the legislature to change thier minds on ethics and political contribution reform! Then we can see whats going on on both sides of the aisle.
Anon 6:19,
See the following post:
http://middletownmike.blogspot.com/2012/02/nj-watchdog-investigation-senator.html
Reverse the Citizens United decision and let the candidates fund thier own campaigns. Corporations are not people, they are corporations.
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