Real Scandals of Pension Spiking – 2

It’s not that a connected politician will get an extra $1 million in pension benefits for working five years in his new job as county counsel for Union County but that Union County will only have to pay $122,500 to ‘fund’ that extra benefit.  Here are the details:

Union County Retirees – June, 2019 Update

Data on participants in the New Jersey Retirement System have been updated on the state website and, as we did in 2017 and 2018, here is  a spreadsheet, sorted by employer and name, of 17,242 retirees getting total annual benefits of $589,065,086 whose last Employer was in Union County. Of those there were 740 getting $29,314,083 who retired in the last year including these 83 who retired in the last year from Union County:

Union County Retirees – June, 2018 Update

Data on participants in the New Jersey Retirement System have been updated from 2017 through June 1, 2018 on the state website and here is  a spreadsheet, sorted by employer and name, of 17,017 retirees getting total annual benefits of $571,625,854 whose last Employer was in Union County. Feel free to review the listing for any anomalies. For example, can anyone out there explain row 11,206?

GLOVER, KEVIN

$645

4/1/2017

1951

71

Service

SCOTCH PLAINS TOWNSHIP

Here are those who retired in 2018 with the largest pensions sorted by the amount of that annual pension:

Union County Pension Data – March, 2018 Update

Data on participants in the New Jersey Retirement System have been updated through March, 2018 on the state website and here are the Union County spreadsheets on retirees with their annual pension payout amounts and employees with their salaries, all sorted by Employer and Name:

1. 20,993 employees with total total annual salaries of $1,394,967,205
2. 1,102 employees hired in the last year with annual salaries of $29,742,079
3. 16,743 retirees with total annual pension payouts of $563,983,317
4. 688 retirees in the last year with total annual pension payouts of $29,742,079

 

Updates – Union County Retirees and a Video

Data on participants in the New Jersey Retirement System have been updated through 2017 on the state website and here is  a spreadsheet, sorted by name, of 17,020 retirees getting total annual benefits of $560,657,419 whose last Employer was in Union County. The next blog will present a similar listing of active (still working) participants in Retirement System.

The 158 retirees with pensions of over $100,000 annually are listed below, but first, something else due for an update:

Union County Retirees – 2017 Update

New Jersey has updated data on retirees in the state pension plan: through August, 2017 and here is a spreadsheet sorted by Last Employer and Retiree name for those whose last employer was in Union County.

Of those there have been 584 new retirees in 2017 so far whose last employer was in Union County. Here is a spreadsheet sorted by Last Employer and Retiree name and below is that list sorted by Annual Pension for the top few.

Double-Dippers

Filtering data on participants in the New Jersey retirement for only those linked to Union County (including municipalities and authorities) yields 39,350 entries with total annual salaries of $1,353,357,535 and pensions of $612,010,813. Of those, 178 participants are double-dippers with annual salaries of $7,816,950 and pensions of $6,281,373 who fall into four categories (with examples):

Union County Employees / Retirees

New Jersey has updated their pension data which includes listings of all retirees with the amount of their annual pensions as well as those currently employed with their salaries.

You can view  spreadsheets listing all 16,330 retirees and 20,878 current employees related to Union County by clicking the link union county employees/retirees above.

Here are those who top the lists:

Keeping Up With Union County Retirees

New Jersey has updated their listing of retirees in  the state pension system. As of June, 2017 there were 2,667 retirees whose last employer was associated with Union County getting annualized benefits of $73,152,188. Among the recognizable (to me)  names: