The Lakeville Journal has a great story on the annuity of Patricia Chamberlain
Here is a link to the Tricornernews.com the Lakeville Journal website…
Some excerpts from the story….
An April 13 email letter to the Region One Board of Education from former Assistant Business Manager Choo K. Singer, who worked for Region One from 1991 to 2010, raises questions about how Region One Superintendent Patricia Chamberlain’s annuity has been handled for tax and pension purposes. The letter, which has been widely circulated and posted on a website run by WHDD radio’s Marshall Miles, claims that Region One Business Manager Sam Herrick was wrong when he said at the April 4 public hearing on the Region One budget proposal “that the superintendent’s annuity had always been part of her base salary and had been reported as pensionable income to the Connecticut Teacher Retirement Board (CTRB). Herrick said in a phone interview Tuesday, April 17, that he did not dispute the substance of Singer’s letter. He said that at the public hearing he incorrectly stated that Chamberlain’s annuity had been processed through payroll, when in fact it had not until the current fiscal year. “I thought we had been doing it that way.” Region One board attorney Gary Brochu sent a memo to Region One Chairman Phil Hart Tuesday, April 17, stating “there is nothing illegal or inappropriate with the superintendent receiving some compensation in the form of a tax-sheltered annuity.” Brochu’s memo also says there is no prohibition on converting a nonelective annuity benefit to an elective annuity benefit. In a phone interview April 17, Brochu said, “The Board of Education and any employee are entitled to negotiate [contracts] as they see it.” He said that the CTRB evaluates the pension claims of retiring employees on a case-by-case basis, and in the event of a problem, it’s between the employee and the retirement board. “It has nothing to do with the school district,” he said.“The only impact is on the employee.”
Singer was out-of-town this week but said in an email ask ing for comment that her letter describes the “superintendent’s deliberate attempt to ‘deceive the public’ and get around the state government regulation for her personal gain through the business manager.” She also said that, “The annuity may not have any impact on our budget now but it could be costly to all Connecticut taxpayers in the future, if the public school administrators find a way to inflate the pension base a few years before their
regiononereport’s comment on this story…
Get the paper, read the whole story, you will see, that Choo Singer is right on target, it’s not what is paid now, but what we all will pay well into the future on a “pumped up”, deceptive retirement plan for our Superintendent.