Former Cinnaminson Assistant Superintendent Receiving Over $100K Annual Pensions

Recently retired Cinnaminson School District Assistant Superintendent Terry Luxenberg is on the ever-growing list of retirees receiving a six-figure annual pension in New Jersey.

According to Watchdog NJ, which released its annual report on the number of retired public employees who are receiving at least $100,000 per year in pensions during retirement, Luexneberg is earning $104,012.40 following her retirement from the district on July 31 of last year.

She served the district for 17 years, and was the first female principal at Cinnaminson High School.

At the end of 2014, there were 1,988 retirees in New Jersey collecting state pensions of more than $100,000, the report said. In 2010, that total was just 971 retired employees, the report said.

The richest pension goes to former Jersey City school superintendent Charles Epps and former Essex County College president A.Z. Yamba, both tallying $195,000 annual payouts, watchdog.org reported.

See the full list of retired government employees with six-figure pension payouts here, and read the full Watchdog report here.

Want to get updates from Cinnaminson Patch? Click here to subscribe to our newsletter.