Schools
Former Moorestown Administrators Members of "$100K Club"
New Jersey Watchdog has compiled a list of more than 1,000 retired public employees collecting $100,000-plus pensions across the state.
Two former administrators are members of what one watchdog group has dubbed the $100K Club—retired public employees collecting six-figure pensions.
Former superintendent Vito Germinario, who left the district in 2002, collected $111,309 last year in pension benefits, while former business administrator Robert J. Oldt pulled down $109,474 in 2011, according to New Jersey Watchdog.
The group said it constructed the list of six-figure retirees—which jumped to 1,244 last year, a 28 percent increase from 2010—from a state Treasury database.
The top pension went to former Essex County College president A. Zachary Yamba, who collected $195,000 last year.
In total, the pensions paid out to those drawing at least $100,000 came to $138,723,987 in 2011.
Other Burlington County retirees on the list:
- Edward F. Gola, City of Burlington School District — $106,470
- Dolores M. Szymanski, Burlington County Institute of Technology — $108,189
- Walter Rudder, Burlington County Institute of Technology — $105,666
- George F. Sharp, Delran School District — $103,682
- Joseph M. Cornely, Evesham Township — $101,750
- Frank J. Logandro, Lumberton Township School District —$123,626
- Mark Cowell, Pemberton Township School District — $114,141
- Richard T. Nolan, Pemberton Township School District — $107,527
- Thomas P. Christensen, Shamong Township School District — $103,166
Visit New Jersey Watchdog's website for the complete list.
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