CORE member Duane Tron does some math!

Duane Tron to John Curry, June 17, 2007
Subject: Re: Retire/Rehire ....Orange saves 20K & STRS most likely will assist with the hc insurance tab!

Yes, and do the math! This only increases his annual pay compensation to $272,835.00 if he has 35 years at 88%. That figures out to a meager $240,000.00 more than I am receiving. If he has to pay for HC for his wife that will still leave him with a paltry $264,000.00 to live on. It must be really tough out there! He is only about $78,000.00 short of becoming one of the wealthiest 3% of all Americans. If he hangs in there a little longer I'm sure STRS will figure out how to raise him, and many others, up into the elite 3% of Americans. Sure makes me proud to be a retired Ohio educator! Yes, Sir! If they raise the cost of HC about $3,000.00 this coming year his paycheck will drop to a lowly $269,000.00, not withstanding a COLA increase, and I will watch my annual paycheck drop below $20,000.00. And he and his money brothers are still putting money into our retirement fund? Whoopee! I'm glad these people, and their service to public education, is worth that much more than all of the rest of us and our years of service!

Community News Briefs
Saturday, June 02, 2007

Orange rehires superintendent

Orange school district Superintendent Daniel Lukich retired Thursday and was rehired Friday. The school board gave Lukich a three-year contract with a 3.3 percent raise effective July 1. That bumps his salary to $147,325 - a $4,700 raise. Lukich has been superintendent for the past 10 years. Lukich will collect both his pension and salary for his current job, which state law allows. Officials said Orange will save about $20,000 a year because, as a retiree, Lukich is not eligible for health benefits.