CalPERS reviewing administrator’s pension

Amid transition in the superintendent’s office last year, Sweetwater schools finance chief Dianne Russo — set to retire — agreed to stay on.

Details of that arrangement have raised questions at the California Public Employees’ Retirement System.

Russo, 56, began collecting retirement payments of $76,800 a year. She also opened a consulting firm and worked for the district for $180,000 a year as the deputy superintendent of operations — a newly-created position that merged her previous CFO duties with those of the assistant superintendent of facilities.

Russo has reported to work at the Sweetwater Union High School District headquarters for the last year, using the same phones, email and secretarial staff.

State retirement officials are reviewing whether collecting a combined $256,800 amounts to double-dipping, since Russo is working full-time and therefore may not meet the qualifications for retirement.

Click here for the entire UT article.

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