Thursday, May 22, 2008

Corzine moves to trim Public school chief's $740K retirement deal

Overpaid Government Worker reports:
Gov. Jon Corzine has directed his Education Commissioner to seek a court order to sharply reduce the $740,000 in severance pay the outgoing superintendent of Keansburg schools is slated to collect.

"This extraordinary payment is an outrageous abuse of the state's publicly funded school system at a time when schools are struggling to make the best use of every dime they have," Corzine said in a statement announcing the legal action.

He has directed Education Commissioner Lucille Davy to seek an injunction in Superior Court blocking payments of $556,000, arguing they are counter to good public policy.

Corzine's action is an attempt to derail a severance package that was awarded to Keansburg superintendent Barbara Trzeszkowski in a 2003 contract. Trzeszkowski, 60, was scheduled to retire June 30 and begin collecting the severance benefits in July.

The package includes $184,586 for 235.5 unused sick days and 20 vacation days, and another $556,290 in severance pay calculated by multiplying her monthly salary by the number of years she has worked in Keansburg. The severance amount is what Corzine wants to block.

The payments come on top of the standard retirement pay -- estimated at about $115,000 a year -- Trzeszkowski has earned over a 38-year career in the school district.
Your tax increase is their retirement package.You are a slave to them.