Michael J. Ritacco surrendered to federal authorities Friday to face charges he participated in an insurance-kickback scheme that allegedly involved more than $1 million in bribes.
A state Treasury Department spokesman tells the Asbury Park Press that Ritacco's annual pension of $155,000 would be forfeited if he is convicted, but that he can get back about $200,000 he's already paid into the system.
A school district attorney says Ritacco also can receive up to about $53,000 for unused sick days and vacation time.
