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June 21, 2010

Double-Dipping: More public-school superintendents in Ohio are collecting pensions and paychecks

Ben Fischer:

Nearly one out of every three public school superintendents in Greater Cincinnati collect taxpayer-subsidized pensions while continuing to work.

This legal practice of "retiring" - thereby triggering pension benefits - and then returning to work within days at a handsome salary has become widespread among top local schools executives in recent years.

Occasionally, the deals make news, as it did for Kevin Bright in Mason and Gary Gellert in North College Hill, two relatively recent "retire-rehires."

But dozens of other superintendents across the state have simply agreed to a deal with a friendly school board with little fanfare. They're members in an exclusive club of superintendents who retire and return to their same job or rotate to another school district after signing lucrative contracts.

An analysis by Ohio's eight largest newspapers found:

Posted by Jim Zellmer at June 21, 2010 4:55 AM
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