Last week we published the Top 10 Superintendents salaries. To show how excessive salaries effect pension liabilities we are publishing the Top 15 pensions in TRS all of which are former superintendents except James Hintz who was the school business manager i.e. the school accountant.
The key point in the following chart is the column titled “Months Pension To Cover Employee Contrib.” Note that the range is 11 to 16 months of pension to cover every penny contributed by the employee. That’s the equivalent to making my $25,000 annual Social Security payment over $130,000 per year. Nice deal if you can get it.
And please note Mr. Reginald Weaver who was not a state employee but an employee of the Illinois Education Association – the largest teachers union in Illinois.
Special deals, distortions and political corruption all play a role in the outrageous pensions shown here. And you the taxpayer always end up paying the tab.
We will have more articles on how superintendents excessive salaries and the pension they generate are manipulated to the benefit of employees and to the detriment of taxpayers.
Top 15 Superintendent pensions as of October 2013
| Superintendent Name | School District | Pension | Member’s Contribution | Months Pension To Cover Employee Contrib. |
Pension Paid To-date |
|---|---|---|---|---|---|
| Wyllie, Lawrence A | Lincoln-Way CHSD 210 | 289,861 | 376,384 | 16 | 74,076 |
| Bangser, Henry S | New Trier TWP HSD 203 | 277,617 | 275,366 | 12 | 1,776,815 |
| Catalani, Gary T | Community Unit SD 200 | 276,382 | 289,151 | 13 | 1,512,519 |
| Murray, Laura L | Homewood-Flossmoor CHSD 233 | 271,913 | 298,591 | 13 | 1,304,013 |
| Curley, Mary M | Hinsdale CCSD 181 | 264,089 | 248,708 | 11 | 1,445,244 |
| Lamberson, Jonathan E | Riverside SD 96 | 262,516 | 339,413 | 16 | 87,505 |
| Fleming, Larry K | Lincolnshire-Prairie View 103 | 258,163 | 326,507 | 15 | 323,420 |
| Weaver, Reginald L | National Education Association | 257,435 | 264,894 | 12 | 1,224,457 |
| Hager, Maureen L | North Shore SD 112 | 256,059 | 277,774 | 13 | 1,003,003 |
| Hintz, James S | Adlai Stevenson HSD 125 | 249,109 | 235,017 | 11 | 1,774,797 |
| Conyers, John G | Palatine CCSD 15 | 244,778 | 217,805 | 11 | 2,136,680 |
| Kelly, Dennis G | Lyons TWP HSD 204 | 236,935 | 289,587 | 15 | 601,789 |
| Dada, M Mohsin | Schaumburg CCSD 54 | 236,904 | 299,494 | 15 | 532,874 |
| Gmitro, Henry A | Community CSD 93 | 234,803 | 282,750 | 14 | 997,912 |
| Bultinck, Howard J | Sunset Ridge SD 29 | 233,034 | 257,014 | 13 | 1,298,420 |
