Monday, May 14, 2012
Conflicts Plague Criminal Probe of Lt. Gov. Guadagno & Pension Scam
Thursday, February 9, 2012
NJ WATCHDOG INVESTIGATION: Senator Triple-Dipper
NJ Lawmaker Has a Big Pension...Plus Two Public Paychecks!
Since he "retired" at age 48 nearly a decade ago, Madden has cashed $770,156 in New Jersey retirement checks. He will get more than $2.5 million, if he lives until age 80 — his statistical average life expectancy.
Wednesday, January 18, 2012
NJ Homeland Security's 18 Double-Dippers Nab $9M in Pensions
For immediate release:
The seal reads New Jersey Office of Homeland Security & Preparedness. But for agents drawing state salaries plus pension pay, it’s a symbol of their own fiscal security.
OHSP provides a bureaucratic safe haven for 18 “retired” officials who have collected nearly $9 million in state pension checks, a New Jersey Watchdog investigation revealed.
Those double-dippers currently receive more than $3 million a year – $1.3 million in state pension checks plus $1.7 million in salaries. On average, each gets $171,000 a year – $95,000 a year in salary plus $76,000 in retirement pay.
One-third of OHSP stafffers with salaries over $75,000 are double-dippers, led by Deputy Director Drew Lieb. He gets $226,000 a year – a $130,000 salary plus a $96,000 State Police pension as a retired lieutenant colonel.
New Jersey Watchdog’s analysis of state payroll and pension records for the 18 officials also found:
- One-third “retired” from public employment for one day to start drawing state pensions.
- Half are State Police retirees; the rest retired from other state or local law enforcement units.
- The average age of retirement was 49.
The story, along with New Jersey Watchdog’s list of “retired” officilas employed by OHSP is online at http://newjersey.watchdog.org/2012/01/16/homeland-security/.
New Jersey Watchdog – http://newjersey.watchdog.org – is a news site devoted to investigative reporting and public service journalism. Editor Mark Lagerkvist can be reached at Mark@Lagerkvist.net.
Monday, November 14, 2011
Meet Gov. Christie's Million-Dollar Triple-Dipper

Meet the Governor's Million-Dollar Triple-Dipper
CHRISTIE'S 'RETIRED' BUDGET GURU POCKETS $1M IN PUBLIC PAYOUTS
One of New Jersey Gov. Chris Christie’s key advisers has received three golden parachutes from taxpayers during the past nine years.
Cabinet Secretary Louis C. Goetting IV raked home $1.1 million from two severance payouts and an early retirement deal. In addition, Goetting collects $219,000 a year from the state – a $130,000 salary plus $89,000 in pension payments.
Christie hired Goetting (pronounced “getting”) in 2010 as a budget guru to help trim the cost of government. But Goetting resembles a problem, not a solution, according to a New Jersey Watchdog analysis of his employment history. Prior to joining Christie’s senior staff:
Goetting received $190,000 plus perks when forced to resign as executive vice president of Brookdale Community College in Monmouth County, effective June 2009.
Goetting collected $180,000 in severance pay after he resigned as a vice president at the University of Medicine and Dentistry of New Jersey, effective Jan. 1, 2003,
That same day, Goetting “retired” as a state employee at age 51, taking advantage of a state Early Retirement Incentive Program. From that pension, he receives 89,000 a year.
So far, Goetting has triple-dipped roughly $1.1 million from public coffers. He has collected $734,000 in early retirement checks from the state in addition to $370,000 in payouts from Brookdale and UMDNJ. And that doesn't count his pay from the governor's office.
Goetting's good fortune illustrates weaknesses in Christie's pension reforms, which the governor has called his "biggest governmental victory." In addition, Christie has publicly opposed severance deals similar to the ones Goetting has gotten.
For the full story, click here or visit www.njwatchdog.org. New Jersey Watchdog’s Mark Lagerkvist can be contacted at Mark@Lagerkvist.net.
Tuesday, October 25, 2011
NJ Watchdog: WILL VOTERS LET ASSEMBLYMAN DAVE RIBLE ESCAPE $650K DISABILITY PENSION SCANDAL IN NOV. 8 ELECTION?
This time the person in question is Republican Minority Whip Assemblyman Dave Rible, who is currently running seeking reelection in the newly formed 30th Legislative District.
Assemblyman David P. Rible retired as a Wall Township police officer at age 31 with a bad back and a fat pension. He’s collected $650,000 in disability payments since a state board decided he was “totally and permanently disabled.”
Yet Rible competes in five-mile and five-kilometer runs along the Jersey Shore. He exercises at a gym, dances as a celebrity and hauls trash to the curb at his Monmouth County home, according to a New Jersey Watchdog investigation first published in June 2010.
Rible commutes to Trenton to represent the 11th District in the State Assembly, where he holds a leadership position as Republican Whip and seeks publicity as a tax-fighter. Now, he’s seeking election to the revamped 30th District, where he hopes voters in Monmouth and Ocean counties have forgotten the negative publicity.
In addition to his $49,000 salary as a legislator, Rible continues to receive a state disability pension that pays $55,000 a year – without a second look from authorities.
Now 44, Rible is set for life. If he lives until 80, he will pocket another $2.5 million from the state pension fund. That would raise Rible’s jackpot above $3 million, not including cost-of-living hikes or his medical coverage.
“I do oppose government waste, but I don’t see this as government waste,” said Rible, leaving his health club after a workout. “This is something that has been set forth in the rules of the pension.”
Those rules can be costly. Lottery-sized payouts threaten to break the back of New Jersey’s retirement and benefits system for public workers, struggling under the weight of $110 billion in projected debt. The state pension plans are short $46 billion, according to the most recent audit – plus retiree health benefits are underfunded by $64 billion.
A New Jersey Watchdog investigation of Rible’s case revealed how wasteful that system can be.
In 1988, Wall Township hired Rible as a patrolman. Five years later – on October 17, 1993 – the young officer was injured on the job. Rible later recalled the incident in his retirement application.
In his statement to the pension board, Rible said he and two other township detectives responded to an early morning noise complaint at a gravel pit. On foot, the officers pursued three men suspected of igniting fireworks and drinking alcohol. Rible stated he fell from an embankment during the chase and hurt his lower back.
Nearly four weeks later, Rible went to the police department’s physician with complaints of back pain. Eventually, in January 1998, he had back surgery.
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