Wednesday, June 16, 2010

Collecting Pension Since Age of 31: NJ assemblyman David Rible Runaway Pension

New Jersey Watchdog reports:
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 $570,000 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. He 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.

In addition to his $49,000 salary as a legislator, Rible continues to receive a state disability pension that pays $54,502 a year – without a second look from authorities.

Now 42, Rible is set for life. If he lives until 80, he will pocket another $2 million from the state pension fund. That would raise Rible’s jackpot to roughly $2.6 million, not including cost-of-living hikes or his medical coverage.
Great moments in the Republican party.