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Former Schools Super Tops Barnegat, Stafford '100K Retiree Club'

Number of six-figure retirees up 75 percent in last three years, according to new report

Patch File Photo
Patch File Photo
Nine retired employees of public agencies in Barnegat and Stafford townships received pensions in excess of $100,000 in 2013, according to a report out this week from NJ Watchdog, a taxpayer advocacy group.

The list is topped locally by a former Stafford Township schools superintendent, who is among the state's most well-paid pensioners.

New Jersey’s so-called '$100K Club' of retired public officials has ballooned by 75 percent in the last three years, the group said this week following its conducting of an analysis of state treasury data.

The report comes as state pension funds face a $47 billion shortfall, according to the treasury’s estimate. Gov. Chris Christie is expected to address pension issues in his budget address today.

"We need to have the conversation now about further changes to our pension system and to adding further to the state’s debt load,” said Christie in his State of the State address last month. “If we do not choose to reduce our soaring pension and debt service costs, we will miss the opportunity to improve the lives of every New Jersey citizen, not just a select few."

Locally, one of the employees is from the Barnegat school district while eight are from either the Stafford district or municipal government; one is from the Southern Regional school district.

Topping the local list is former Stafford schools superintendent Karen DeStefano, who earns $132,547 per year, or $11,046 per month, in her retirement.

The other individuals on the list are:

  • Thomas Conroy, Stafford, $119,707/year
  • Michael A. Guadalupe, Stafford, 101,265/year.
  • Gregory McNally, Stafford, $116,957/year
  • Larry D. Parker, Stafford, $124,433
  • Charles Schweigart, Stafford, $107,802
  • Ronald Meinders, Stafford BOE, $100,771
  • Robert Horbelt, Barnegat BOE, $106,719
  • James Kerfoot, Southern Regional, $103,329
Drivingtoofar February 24, 2014 at 04:23 PM
And to think I went for a MBA because the private sector is where the money is...and the only thing I have over $100k is my student loan balance.
Larry Cataldo February 24, 2014 at 08:21 PM
YOU CAN THANK THE NJ TEACHERS UNION FOR THE FEEDING AT THE TROUGF AND TENURE TOO!! LETS SEE THE UNIONS BOOKS OPENED!!!
Jim Hutchinson February 24, 2014 at 10:05 PM
What does the teachers union have to do with this? There are no teachers in the list above. There are 4 administrators and Numbers 2 through 7 above were police officers.
Jim Hutchinson February 24, 2014 at 10:06 PM
I meant to say 2 through 6.
Drivingtoofar February 24, 2014 at 10:13 PM
bc just like in another article about schools ending sports, people would rather over pay cops as in 2-6 on this list instead of making better citizens through schooling. I wish I had a filter that could filter out people that spew talking points in all caps. Sounds like Christie. Blame the teachers union and not the over paid administrators (and business admins, and cops). The teachers are the ones who have to deal with Larry and Jr Cataldo doesn't do well

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