Posts Tagged ‘STRS’

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“Pension Tension”: The Political and Public Reaction to “Double Dipping”

August 8, 2010

In the wake of a June 20 analysis by Ohio’s eight largest newspapers into the practice the practice of public employees retiring and then being rehired, reports of policy changes and additional investigations continue…

…at the state level:

‘Double dip’ legislation possible Senate leader: Pension plans require action” (June 23)

Pension reform ahead over double dipping” (June 29)

Ohio public pension systems’ refusal to disclose records draws attention of state lawmakers” (August 12)

Retirement funds: All state workers will pay for fixes” (January 30, 2011)

…by individual districts

Canton City Schools: “Canton Board of Education to adopt double-dipping policy” (June 29)

…by newspapers

Ohio public retirement systems refuse to release records to newspapers analyzing benefits and possible abuses” (August 8)

Open the books: Public pensions should be scrutinized before getting more taxpayer cash” (August 11)

Pension officials traveled in style: Public systems’ excursions exceeded $1 million in year” (September 8)

Teachers to sacrifice for pensions” (January 27)

 

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Ohio Newspapers Examine Pension “Double-Dipping”

June 20, 2010

The eight largest newspapers in Ohio are collaborating on an analysis of “double dipping,” the practice of public employees retiring and then being rehired (sometimes in the same position), thereby collecting both a pension and a salary.

Articles began Sunday 6/20 with a focus on superintendents:

  • Akron Beacon-Journal:

Many top educators double dip the system
School chiefs get better deal than teachers
Retirees still on job

  • Canton Repository:

Superintendents tap pensions while working new jobs
Experience trumps savings: Rehiring retired superintendents becoming the norm in Ohio
One in four working Ohio school superintendents collects pension
Pension formula encourages early retirement
Should Ohio’s pension system be reformed?

  • Cincinnati Enquirer:

More public-school superintendents in Ohio are collecting pensions and paychecks
Rules encourage school employees to ‘double dip‘”

  • Cleveland Plain Dealer:

Double-dipping state and local employees collect paycheck and a pension
Savings aren’t automatic when schools hire a retired superintendent

  • Columbus Dispatch:

Pension rules allow educators to double dip

  • Dayton Daily News:

Pension rules encourage school retire-rehire deals
Retire-rehire contracts are a bargain for school districts, area superintendents say

  • Toledo Blade:

Double dipping saps pension fund as school superintendents cash in
Rules entice educators to collect pensions early

  • Youngstown Vindicator:

OHNO report: Retire, then rehire
Poland schools chief: Board wanted me back
Retirement fund inspires teachers to exit jobs early to quit early

Other topics…the benefit levels for pensions:

…the influence of the state’s five public pension systems in the legislature:

confidentiality of pension information:

editorials: