“There were no new regulations issued regarding this, which means it’s a clarification of existing regulations,” said Julia Sass Rubin, a professor at Rutgers University’s Edward J. Bloustein School of Planning and Public Policy. “It’s not new. That’s the nuance I’m trying to hit. It might be that the (federal oversight) wasn’t clear on this in the past, but these are not new rules. This is existing law and existing regulations. There’s no other way to interpret it.”
Marc Pfeiffer Speaks with WNYC’s Michael Hill About High Retirement Payouts in NJ
Some long-serving public officials in New Jersey are collecting huge payouts when they retire. The payouts can include saved-up leave and sick days over the course of the job. These retirement payouts can catch local leaders by surprise, leaving municipalities...