The comptroller estimate provides for an annual single life allowance of up to 75 percent of an employee's final
average public salary.
Tax returns for state Comptroller Thomas DiNapoli show the sole trustee for the $ 152 billion pension fund received almost $ 9,000 from investments and interest on top of his $ 146,838
public salary in 2012.
Megna testified at the hearing that a pay increase for judges would throw the state's
public salary system out of whack.
Both Larkin and fellow Hudson Valley Sen. John Bonacic «retired» in order to draw on their pension benefit while also collecting
a public salary — a perfectly legal process that public employees and state lawmakers in both parties have done in recent years.
Duffy defended his acceptance of a police pension and
public salary, noting Cuomo's probe was into situations that weren't really comparable to his own.
Gov. Cuomo has a good proposal — 15 percent of
your public salary.
«A raft of recent studies found that
public salaries, even with benefits included, are equivalent to or lag slightly behind those of private sector workers.»
On their face, New Jersey's
public salaries are not exorbitant.