I wonder at this. For a forty four year old man who graduated from a prestigious university like Georgetown, is this where he shud be some twenty odds years after graduation – “deputy” executive director of blah, blah, blah?
It’s all about the benefits!
Since he will eventually have 10 years of public service with Belmar Council and this new job, he will be entitled to get a full pension based on the 3 highest salary years ($150k) plus “Cadillac” medical benefits. Chew on that people!?!?
Love the disciption of the job. “Leveraging the assets and revenues with private investment capital to support redevelopment”.
The key word being leveraging. Isn’t that what Matt did to our town? I call it selling out public property that does not belong to him, piece by piece. He seems well suited for the job. Using public money is what he excels at. Its a perfect fit alright.
And Tom, you sir have a very good point.
Scene: Mayor Matt in his idling Jeep parked in a handicap spot on ocean avenue. Sweating and breathing hard from a .7 mile jog and still a tad hungover from the previous night’s festivities. He’s clutching his cell awaiting an important call from the Governor’s office. His phone vibrates, startling him
Matt: Hi this is mayor Matt, it’s a great day in Belmar!
Gov Murphy: Uh, hi Matt it’s Phil Murphy
Matt: Mr Governor! Hello! Wow! So good to hear..,
GM (interrupting) Matt, do you answer all your calls like that?
Matt: Sure do!(although the Governor cannot see Matt, Matt is smiling broadly and staring blankly at the
horizon)
GM (sighs): Ok Matt. I think we finally found something for you (covers phone and,although muffled, the Gov says something to an unknown person that sounds a lot like ‘I can’t believe I have to do this crap’)
Matt: Oh that’s great Mr Murphy
GM: yea yea
Matt: I sure am sorry about that other job at the EPM. I don’t know why the background check came back negative
GM (sighing): It was the DMV, Matt. What the hell is the EP..oh never mind. Look, it wasn’t an MRI or a blood test. It didn’t come back ‘negative’, it came back EMBARRASSING! And unfortunately, I HAVE to give you a job with the state against my better judgement. Although you accepting this particular BS job certainly punches a few holes in the ‘wasnt the right fit’ story that you’ve been peddling all month about the director position
Matt: That was my wife’s idea. It worked like a charm. Everyone believes it. You know, I gotta tell ya, I’m getting the hang of this whole political theater thing. I mean just yesterday I…
GM (interrupting): Matt, please stop talking. I have to give you this job because of deals with devils and all that but I don’t have to like it. Now you will take this phoney boloney job and you will show up to it and you will not screw up and you will stay out of the God Damn paper! Is that clear??
Matt: Yes sir
GM: Ok. Now we probably won’t speak again. At least thats my hope. Please try to stay out of trouble ‘til this whole thing is over. This is a job that is so bogus that it literally cannot be screwed up.
Matt: Well, you have my word Mr Governor. I will do my best to change that.
GM (rubbing his face with his hand) Ok Matt, ok.
…to be continued
Oh, he will probably get himself in trouble in A.C. by wronging the wrong people, or is it, the right people. That tiger won’t change his stripes. Next time around on the karmic wheel, he may be an old widow thrown out of her apartment so the landlord can redevelop that property for rich yuppie types or family members. Justice comes eventually.
#3. Not entirely correct. If he puts 25 years in the pension system, his pension would be based on the average of his final 3 years. If he retires from the system prior to 25 years there is a percentage “penalty” per year prior to achieving 25 years. Percent amount would be based on which tier he falls into. Also, I’m not sure if his part time work as Mayor and councilman will count towards his pensionable time in this new role.
#3 is incorrect and #9 has the right idea. His time as council and mayor are not pensionable time. They are considered part time and the salary doesn’t fall into the 2006 pension reform requirements. Matt is coming in as a tier 5 employee, so the “Cadillac” benefits you speak of would take 30 years of service and a minimum age of 65 at retirement, to achieve long term. The pension would be based on his 3 highest years, not his last 3, and he would have to serve 30 years for the full pension, he would be entitled to a much smaller pension at 10 years once “vested”. There is a 3% hit for every year you are not of retirement age, and for Matt’s tier, that would be 65.
#3- Excellent point. Forgot about that trick.
#9- This practice has been going on since the beginning of time. Your local councilman puts in 20 years, part time, $3k a year. Gets a county BS job at $100k for five years and goes out on that pensionable amount. And you wonder why the pension system is in such bad shape. Don’t blame the lowly cop, teacher or CWA worker who contributes through out there time, a percentage set and increased by your politicians. Lawmakers refuse to touch this inequity as it directly reflects their status’.
#6- You make my day, keep them coming.
#11, That practice WAS going on. Can’t do it anymore. #9 is correct.
#10, I think as a tier 5 employee the penalty is more than 3% per each year and the penalty is based on each year under 62 or 65(not sure). Don’t think there is an early retirement age of 55 for that tier.
22 Comments
I wonder at this. For a forty four year old man who graduated from a prestigious university like Georgetown, is this where he shud be some twenty odds years after graduation – “deputy” executive director of blah, blah, blah?
Please, spare us the misery. Just leave already.
It’s all about the benefits!
Since he will eventually have 10 years of public service with Belmar Council and this new job, he will be entitled to get a full pension based on the 3 highest salary years ($150k) plus “Cadillac” medical benefits. Chew on that people!?!?
Love the disciption of the job. “Leveraging the assets and revenues with private investment capital to support redevelopment”.
The key word being leveraging. Isn’t that what Matt did to our town? I call it selling out public property that does not belong to him, piece by piece. He seems well suited for the job. Using public money is what he excels at. Its a perfect fit alright.
And Tom, you sir have a very good point.
#3 Cadillac? Is that state issued?
Scene: Mayor Matt in his idling Jeep parked in a handicap spot on ocean avenue. Sweating and breathing hard from a .7 mile jog and still a tad hungover from the previous night’s festivities. He’s clutching his cell awaiting an important call from the Governor’s office. His phone vibrates, startling him
Matt: Hi this is mayor Matt, it’s a great day in Belmar!
Gov Murphy: Uh, hi Matt it’s Phil Murphy
Matt: Mr Governor! Hello! Wow! So good to hear..,
GM (interrupting) Matt, do you answer all your calls like that?
Matt: Sure do!(although the Governor cannot see Matt, Matt is smiling broadly and staring blankly at the
horizon)
GM (sighs): Ok Matt. I think we finally found something for you (covers phone and,although muffled, the Gov says something to an unknown person that sounds a lot like ‘I can’t believe I have to do this crap’)
Matt: Oh that’s great Mr Murphy
GM: yea yea
Matt: I sure am sorry about that other job at the EPM. I don’t know why the background check came back negative
GM (sighing): It was the DMV, Matt. What the hell is the EP..oh never mind. Look, it wasn’t an MRI or a blood test. It didn’t come back ‘negative’, it came back EMBARRASSING! And unfortunately, I HAVE to give you a job with the state against my better judgement. Although you accepting this particular BS job certainly punches a few holes in the ‘wasnt the right fit’ story that you’ve been peddling all month about the director position
Matt: That was my wife’s idea. It worked like a charm. Everyone believes it. You know, I gotta tell ya, I’m getting the hang of this whole political theater thing. I mean just yesterday I…
GM (interrupting): Matt, please stop talking. I have to give you this job because of deals with devils and all that but I don’t have to like it. Now you will take this phoney boloney job and you will show up to it and you will not screw up and you will stay out of the God Damn paper! Is that clear??
Matt: Yes sir
GM: Ok. Now we probably won’t speak again. At least thats my hope. Please try to stay out of trouble ‘til this whole thing is over. This is a job that is so bogus that it literally cannot be screwed up.
Matt: Well, you have my word Mr Governor. I will do my best to change that.
GM (rubbing his face with his hand) Ok Matt, ok.
…to be continued
Great! …. let’s get rid of Belmar Tourism in order that the mayor doesn’t have a conflict competing with A.C.
Oh, he will probably get himself in trouble in A.C. by wronging the wrong people, or is it, the right people. That tiger won’t change his stripes. Next time around on the karmic wheel, he may be an old widow thrown out of her apartment so the landlord can redevelop that property for rich yuppie types or family members. Justice comes eventually.
#3. Not entirely correct. If he puts 25 years in the pension system, his pension would be based on the average of his final 3 years. If he retires from the system prior to 25 years there is a percentage “penalty” per year prior to achieving 25 years. Percent amount would be based on which tier he falls into. Also, I’m not sure if his part time work as Mayor and councilman will count towards his pensionable time in this new role.
#3 is incorrect and #9 has the right idea. His time as council and mayor are not pensionable time. They are considered part time and the salary doesn’t fall into the 2006 pension reform requirements. Matt is coming in as a tier 5 employee, so the “Cadillac” benefits you speak of would take 30 years of service and a minimum age of 65 at retirement, to achieve long term. The pension would be based on his 3 highest years, not his last 3, and he would have to serve 30 years for the full pension, he would be entitled to a much smaller pension at 10 years once “vested”. There is a 3% hit for every year you are not of retirement age, and for Matt’s tier, that would be 65.
#3- Excellent point. Forgot about that trick.
#9- This practice has been going on since the beginning of time. Your local councilman puts in 20 years, part time, $3k a year. Gets a county BS job at $100k for five years and goes out on that pensionable amount. And you wonder why the pension system is in such bad shape. Don’t blame the lowly cop, teacher or CWA worker who contributes through out there time, a percentage set and increased by your politicians. Lawmakers refuse to touch this inequity as it directly reflects their status’.
#6- You make my day, keep them coming.
And they(family) live happily ever after.
#11, That practice WAS going on. Can’t do it anymore. #9 is correct.
#10, I think as a tier 5 employee the penalty is more than 3% per each year and the penalty is based on each year under 62 or 65(not sure). Don’t think there is an early retirement age of 55 for that tier.
Hey Admin,
How was Matt on NJ news today for the soda bread story if he was supposed to be at work? No show job???
That was on March 2. Don’t know why NJTV waited 2 weeks to air it.
missed the soda bread …. waiting for the pierogi competition
I’d take baking lessons and advice from Mrs. Florio any time.
Congratulations to the winner, whose name I hope to learn soon.
He looks like me in that picture
Halushki, anyone?
I am sick of all this Irish favoritism.
Hey #18 he does not. He looks like me!
Doncha know he was on a lunch break from protecting AC millions. mutt just happened to bum a ride on the non-pay-to-play Helicopter.
#17: Here is the winner of the Irish Soda Bread Throwdown: https://www.tapinto.net/towns/belmar-slash-lake-como/sections/st-patricks-day-parade-countdown/articles/st-patricks-day-bake-off-in-belmar-brings-out-b
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