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4. From 2010: Lt. Gov. Guadagno & The $170,000 State Pension Fund Scam
Mon Jan 20, 2014, 09:32 AM
Jan 2014
http://newjersey.watchdog.org/2010/10/20/1286/

LT. GOV. GUADAGNO & THE $170,000 STATE PENSION FUND SCAM – Investigative Report by Mark Lagerkvist
Posted on October 20, 2010



False statements by Lt. Governor Kim Guadagno enabled a police official to improperly receive $170,000 from a state pension fund, according to a New Jersey Watchdog investigation.

As Monmouth County Sheriff, Guadagno helped Chief Michael W. Donovan Jr. circumvent pension rules to collect more than $85,000 a year in retirement pay while drawing an annual salary of $87,500.

Guadagno hired Donovan as “Sheriff’s Chief” in September 2008. In a memo to her staff, the future lieutenant governor announced Donovan was replacing John Cerrato as Chief. Donovan was a retired investigator who had worked for the Monmouth County Prosecutor’s Office.

As the new Chief, Donovan should have re-enrolled in the Police and Firemen’s Retirement System. Under state law – N.J.S.A. 43:16A-15.3 – retirement benefits should have stopped with his employment. Instead, Guadagno deceived county officials, the press and the public about Donovan’s job title.

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