Contact Us
Make My Homepage

Former Toms River School Superintendent Loses Pension

A former school superintendent in New Jersey has lost his $155,000 pension.

Michael Ritacco
Michael Ritacco (Townsquare Media NJ)

A state pension board unanimously revoked Michael Ritacco’s pension, calling his actions a “complete betrayal of trust.”

The former superintendent of the Toms River school system is serving an 11-year prison sentence in a case that a judge called the worst case of public corruption he’s ever seen.

Ritacco pleaded guilty to tax evasion and public corruption, admitting accepting kickbacks totaling $2 million or more for giving insurance brokers inflated commissions for school board business.

The Asbury Park Press (http://on.app.com/1eT3iLJ ) reports his lawyer argued that Ritacco had already been punished, bringing shame to his family and his marriage ending in divorce.

The U.S. Attorney’s Office also argued he should receive some pension because he owes $4.3 in restitution.

 

(Copyright 2013 by The Associated Press.  All Rights Reserved.)

Best of the Web


Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!