No worries though, every district in the state does it so it must be OK for CCUSD to do it.
Thursday, November 18, 2010
Double Dipping Employess in Cave Creek Unified
According to the Arizona Republic, 12 employees in Cave Creek Unified have 'retired' only to be rehired again at an average salary of $52,000. The true problem is that these 12 rehires are hurting the other educators (and eventually us taxpayers who will have to foot the bill to get out of this mess) by reducing the funding for the already underfunded pension system. The estimate here is the loss of $120,000 of dollars not paid into the pension system caused by the double dippers.
No worries though, every district in the state does it so it must be OK for CCUSD to do it.
No worries though, every district in the state does it so it must be OK for CCUSD to do it.
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Double dipping pensions is a national problem that is not isolated to either CCUSD, Arizona, or teachers. It is a problem with police forces and other government employees as well.
ReplyDeleteI believe that the state of Florida has passed some legislation to rein in the practice. Perhaps Arizona should look at doing the same. In the meantime, be thankful that the amount of double dipping in CCUSD is as low as it is. I don't think that working this problem on the school district level is an efficient practice especially since you will probably find it is common practice among other government employees (whose pay comes from your taxes as well).
This is not necessarily an abuse of the system since the loophole that allows it exists. It is, however, a loophole that requires closure.