Jersey City Double Dip: Top Cop Draws Both Pension and Salary

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Jersey City Police Chief Ronald Buonocore will have to explain to a state pension board next week why he is drawing a salary as the city’s top cop at the same time he is collecting a pension of more than $66,000 a year for the 30 years he spent on the force before retiring in 2001.

Buonocore, 53, retired as a police lieutenant in July 2001 to become the director of the city’s Department of Public Works. He left that post in January to become police chief.

According to the Jersey Journal, Buonocore draws a monthly pension of $5,556 from his years as a police officer, and he is paid an additional $132,000 a year as police chief.

And there is more: When he retired, Buonocore was given $112,000 for unused sick days and vacation time. Under the terms of his current pay package, which the former police union president negotiated in March, he will once again be able to cash in those 30 years worth of unused days – minus whatever time off he takes as chief – when he retires for the second time.

The state board of trustees for the Police and Fireman’s Retirement System has asked Buonocore to appear on Monday to discuss his pension.

Link: http://www.nj.com/news/jjournal/index.ssf?/base/news-1/1066385481230680.xml

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