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New Madison School Superintendent To Collect Retirement Pay
Nerad Will Receive $150,000 Payment As He Begins New Role
POSTED: 1:47 am CDT June 29,
2008
GREEN BAY, Wis. -- Outgoing Green Bay school superintendent Daniel Nerad will receive more than $150,000 in retirement pay even as he starts another job that pays nearly $200,000 per year.Nerad will become the superintendent of the Madison Metropolitan School District starting Tuesday.Green Bay district spokesman John Wilson said the retirement pay is part of the district's benefit package for certain administrators.Wilson said all administrators qualify if they're at least 55 and their age plus years of service equal at least 70. Nerad is 56 and has been with the district for 33 years.
Previous Stories:
- June 18, 2008: Madison's Next School Superintendent Bids Goodbye To Old District
- February 5, 2008: Madison School Board Members To Visit Nerad In Green Bay
- January 30, 2008: New Madison School Superintendent Well-Liked In Current District
- January 29, 2008: Nerad Selected As Madison School District's New Superintendent
Copyright 2008 by Channel 3000. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
