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ST. JOSEPH, Mo. (AP) — A former St. Joseph superintendent has reached a settlement to repay overpaid pension benefits.
The St. Joseph News-Press (http://bit.ly/1WRoCsF ) reports that the St. Joseph School District's Board of Education learned Monday night in executive session that Dan Colgan had reached a settlement with the state. Board member Dr. Bryan Green says the exact total was not immediately available.
Colgan doesn't have a listed number.
The Missouri Public School & Education Employee Retirement Services of Missouri began an investigation last year.
Colgan's income was reported as more than $586,000 during his last three years as superintendent. Colgan left in 2005. However, the total salary and insurance benefit as specified in his contract was $343,287. One issue was that an annuity and car allowances were incorrectly included in the income calculation.
Information from: St. Joseph News-Press/St. Joe, Missouri, http://www.newspressnow.com
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