New Hampshire: The Real Facts

Inflated School District income reports hiked retirement packages Unit 38 school employees reaped thousands in excess benefits as reported by Anika Clark in the Keene Sentinel:

A slew of current and former employees of the Monadnock Regional School District and N.H. School Administrative Unit 38 landed in hot water with the N.H. Retirement System when state officials discovered their reported income had been illegally inflated.

This allowed the employees to collectively reap thousands of dollars in excess benefits.

In the case of at least one employee, former Monadnock Regional High School Principal Daniel E. Stockwell, the practice started when the district was in dire budgetary straits, and money for raises was limited.

In two separate recommendations dated March 11, N.H. Retirement System Hearings Examiner Carolyn F. Johnson said that the cost of health insurance premiums had been illegally added to the employees' reported "earnable compensation." This, in turn, swelled the amount of benefits the employees were - or would have been - entitled to when they retired.

For the rest of the story, click here.

Now, is this happening in your school district? Maybe you should ask..........