13 Former Cops, School Administrators Receiving $100K Yearly Pensions

Parsippany police chiefs, school principals part of growing group of New Jersey's '$100K Club.'

A total of 13 former school and police employees from Parsippany are currently collecting pensions of more than $100,000 annually, according to a New Jersey Watchdog report released this week.

While the report focused on the “$100K Club” and its 75-percent increase in members over the past three years, the report broke down each New Jersey municipality’s former employees and the pensions they are collecting.

As of Dec. 31, 2013, there were 1,731 retired public employees collecting more than $100,000 annually the report said. That number increased by 739 from 2010. There are more than 275,000 retired public workers in the state, the report said.

Five members of the list come from Parsippany’s school district. They are:

  • Vincent Aniello, former assistant superintendent. Annual pension: $114,891
  • Kenneth Graham, former principal. Annual pension: $113,696
  • Angelo Guiliano, former principal. Annual pension: $102,200
  • Kathleen Sleezer, former assistant superintendent of curriculum. Annual pension: $103,607
  • Eugene Vasile, former superintendent. Annual pension: $104,451

The remaining eight Parsippany employees on the list all came from the town’s police department and retired as superior officers. They are:

  • Stanley Bandura, former police lieutenant. Annual pension: $103,202
  • James Carifi, former police captain. Annual pension: $109,426
  • Anthony Dezenzo, former police chief. Annual pension: $131,952
  • Michael Filippello, former police chief. Annual pension: $111,012
  • Charles Kennedy, former police department member. Annual pension: $100,902
  • William Makowitz, former deputy police chief. Annual pension: $102,523
  • Michael Peckerman, former police chief. Annual pension: $120,863
  • Jeffrey Storms, former police captain. Annual pension: $106,990.

The list also shows a pension payout for currently employed police chief Paul Philipps. Documentation from the state of New Jersey shows it was a one-month payout in November 2013, which Philipps immediately paid back, as he is still employed.

Patch spoke with Philipps Tuesday morning regarding the payment. The chief, who was promoted to his post in the spring of 2013, said, “I did receive a pension payment in November 2013. Since I have not retired, I returned the check and asked to have the mistake corrected.”

The payment was made erroneously, and has yet to be corrected in the state’s system.

Topping the list in New Jersey are former Jersey City schools superintendent Charles Epps and Essex County College President A.Z. Yamba. Both are receiving annual pensions of $195,000, the report said. As a municipality, Paterson led the state with 34 retirees hauling in six-figure annual pensions.

Roll Back Our Tax March 03, 2014 at 05:39 PM
http://www.nj.com/business/index.ssf/2010/02/nj_loses_70b_in_wealth_over_fo.html ... good article link above. Precisely the reason why we left the state. "Findings from the Boston College report show that about 302,780 households left New Jersey between 2004 and 2008, only slightly lower than the 323,350 households that moved into the state. However, the average net worth of the departing households was about 70 percent higher, at $618,330. Those who left were also more likely to be older and more educated, with jobs as entrepreneurs or in the finance and professional industries, the study found. Those replacing them tended to hold management or support jobs in the manufacturing industry. The study analyzed data from three main sources: The Federal Reserve’s Survey on Consumer Finances, the Census Bureau and the Internal Revenue Service". What I'd like to see are the figures of the wealth leaving the state between 2009 and 2013. I bet it's more than $70B. The public worker and their unions will never get it because they think it's a never ending supply of money. The funny thing is their brother and sisters long retired from the public sector are moving South as well. LOL!
Roll Back Our Tax March 03, 2014 at 05:39 PM
NJ has been in a state of decline since 2004. From article link above "combined with rising debt and retiree health benefit costs -- was preventing the state from increasing spending on education, colleges, transportation, healthcare, and other vital needs"..... The unions are so full of themselves that "The Democratic-controlled Senate and Assembly would certainly challenge any attempt by Christie to modify pensions by executive order, as would the unions. In fact, unions are awaiting a decision by an appeals panel on their lawsuit challenging the Christie-Sweeney bill’s elimination of cost-of-living adjustments to retirees". When we made the decision to leave the state I and 2 others last year (that I know of) left the state as well. One was a businessman that closed his hardware business and showroom and moved to Texas. He kept his e-commerce business because that was very mobile. He too kept on hearing from his municipality when he complained about his high taxes in the Princeton area "if you don't like it here then move". Here's another link... http://www.forbes.com/sites/jennagoudreau/2013/02/07/the-states-people-are-fleeing-in-2013 .... "Moving company United Van Lines released its 36th annual study of customer migration patterns, analyzing a total of 125,000 moves across the 48 continental states in 2012. The study provides an up-to-date, representative snapshot of overarching moving patterns in the U.S., and reveals a mass exodus from the Northeast. At No. 1, New Jersey has the highest ratio of people moving out compared to those moving in. Of the 6,300 total moves tracked in the state last year, 62% were outbound"....the public worker just doesn't get it. They're living in the past talking about how Governor Whitman ripped them off. The fact of the matter is ... “New Jersey has been suffering from deindustrialization for some time now, as manufacturing moved from the Northeast to the South and West,” says economist Michael Stoll, professor and chair of the Department of Public Policy at the University of California, Los Angeles. It all boils down to choices like I said above. The choices are "how much of that pie are you willing to give up to keep NJ solvent"? Yes public worker you have already given up some. But you'll have to give up more to keep people from leaving the state.
Roll Back Our Tax March 03, 2014 at 05:39 PM
"Last year, Moody's Investors Services announced it would begin adjusting officially reported unfunded public pension liabilities before considering their impact on state and local bond ratings. Moody's made this decision in an effort "to bring greater transparency and consistency to the analysis of pension liabilities.".... http://www.statebudgetsolutions.org/publications/detail/moodys-report-shows-states-failure-to-recognize-scope-of-broken-promises? .... "Moody's new approach adds to the chorus of voices claiming that unfunded pension liabilities are a much larger problem than state governments currently recognize. These new figures and their potential impact on the bond market, along with coming (if flawed) changes in the way that state and local governments must report their unfunded pension liabilities, meaning that legislators will be forced to finally confront the true cost of the promises they have made yet failed to keep. What will most certainly be a drastic wake up call for officials will demand similarly drastic solutions". If you have ever bought municipal bonds for a state or local municipality, the interest you get on those bonds are tax free. That's one of the benefits. The drawback is they generally pay low interest rates because they were once considered a "safe investment". With this new change by Moody's where do you think NJ's interest on that debt is going to go? No where but up. Who are they going to pass those debt costs onto? The taxpayer of course. Moody’s has already downgraded New Jersey’s debt outlook to negative in December 2013 based partly on “the ongoing pressure of statutorily scheduled pension contribution increases.” If I was a betting man I'd short NJ and push for bankruptcy.
Roll Back Our Tax March 03, 2014 at 05:48 PM
And the salaries keep growing for the school administrators ... http://php.app.com/edstaff/results2.php?county=MORRIS&district=Parsippany-Troy+Hills+Township+Schools&school=%25&lname=&fname=&job1=%25&tfm_order=DESC&tfm_orderby=SALARY .... and the police department .... http://php.app.com/NJpublicemployees13/results.php?lastn=&firstn=&location=PARSIPPANY+TROY+HILLS+TOWNSHIP&countyname=Morris&fundname=%25&tfm_order=DESC&tfm_orderby=salaryall2 ....glad I let this state last year.


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