Education Law
Iconic N.Y. Lawyer Settles Pension Probe; ‘Worked’ Over 1,200 Days in a Year
Posted Nov 5, 2009, 01:50 pm CST
By Martha Neil
A Long Island, N.Y., private practitioner whose claims in government legal bills to have worked more than 1,200 days in a single year led to a massive probe of state pensions being paid to attorneys has agreed to give up his own benefits.
Lawrence Reich, 69, will no longer receive the $62,000 annual pension or lifetime health coverage he was awarded as a result of being simultaneously reported as a full-time employee of five school districts, reports Newsday (sub. req.). Reich also will pay over $240,000 to the state attorney general's office.
"This lawyer epitomized the systemic waste and abuse in a state public pension system that routinely paid out millions in public funds to private-sector professionals who… Continue reading...
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