Schools Buying Bigger Pension Payouts for Employees [Michigan Capitol Confidential]
"But it’s not just rank-and-file teachers taking advantage of getting years tacked on to their pension calculation at the school’s expense.
Kentwood Public Schools bought years of service for three of its assistant superintendents in 2009, at a combined cost of about $66,500.
School records show that the district also spent $8,592 to purchase retirement credits for Superintendent Scott Palczewski.
His salary was $184,074 in 2009."
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