How to Retire At $200K+ Per Year
- on 05.31.05
- General
- 3 Comments
- Digg
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If you haven’t seen this yet, enjoy the read if it doesn’t make you sick. The Sun-Times has this article about how the Top-paid school staffer earns $375,000. His pension will be over $200K per year. I’ll talk about this more later so read the article first.
[...] chutes Filed under: General — site admin @ 2:27 pm In a previous post I gave an overview of the Sun-Times Article. Here is more detail and the [...]
How to Retire At $200K+ Per Year
Do a bang-up job for 25 years saving your district tens of millions of dollars. Help build the district to one of the 10 top in the country with SAT/ACT scores at the top of the heap; one that is requested by area residents moving and highly requested by out-of-state transferrees. Do all this in a community that a.) supports education, b.) has property values so high that the per pupil expenditure is through the roof, c.) the relationship between your salary and the budget is less than that same relationship of your average peer’s in the state, and d.) has property tax rates that generate bills over a third lower than CCSD 46 $ for assessed $. Turn down or just decline to pursue lucrative private sector jobs because the one you’ve got is good, you do it well and the community you serve is pleased with the service. Lastly, contribute heartily to the pension fund you’ve been promised you’ll collect from.
That’s a texbook example of “How to Retire At $200K+ Per Year”
Most of the private sector, as well as public sector, people I know follow a pretty similar plan.
I know some of the same people, Carl. I admire their work. I’d prefer that their district would continue direct more money to student achievement than to personnel salaries.