Nearly 5,000 teachers cashing in on six-figure pensions

The New York Post reports:

The number of teachers and administrators raking in six-figure annual pensions in New York state nearly tripled between 2009 and 2014, according to a new report.

Data from the Empire Center for Public Policy, an Albany-based think tank, show that more than 4,800 school retirees were eligible to receive pensions of more than $100,000 in 2014, up from 1,600 in 2009.

More than 4,100 retired educators received six-figure pensions in 2013, ­according to the data.

Although most of the pension jackpot winners are from suburban school districts, a few come from within the five boroughs.

That includes pension king Edgar McManus, 90, a retired Queens College history professor who took in $561,286 last year, and Madeleine Brennan, 88, who raked in $417,466 last year after 50 years as a principal in Brooklyn.

It's for the children. Just a reminder, with today's low interest rates these retired public servants are pension multi-millionaires.