Pension report shows that a historian continues to be the highest paid pensioner in New York State education systemHistorians in the News
The pension king continues to be Edgar McManus, 93, a retired Queens College history professor who raked in $561,286 last year. The Manhattan resident retired in February 2012 after more than 50 years on the job. His final salary was $116,364.
The second-biggest pension, $436,391, went to DOE employee Mary E. O’Brien, who retired in July 2012.
“We can’t say exactly what was responsible for the jump, but it’s a trend we’ve seen across the state where taxpayers are on the hook for an increasing number of six-figure pensions,” Empire Center analyst Ken Girardin told The Post.
Unlike many pensions from private companies, public pensions in the city and the state “aren’t fixed and often rise from cost-of-living adjustments,” Girardin said.
Factoring in his World War II military service, McManus, who called it quits at 88, was credited with 61 years of service.
McManus, a widower who turns 94 in March, is beating the odds.
“I must have disappointed them. They thought I was going to die on the spot,” he told The Post last week.
“Everybody enjoys being Number 1,” he said. “It’s better than being Number 2, isn’t it?”
comments powered by Disqus
- Pulling Back the Curtain on Industrial Toxins
- Did Abraham Lincoln sleep here?
- University of South Carolina unveils statue of first black professor
- Inside Billy Graham's Powerful Relationship With U.S. Presidents
- Children have changed America before, braving fire hoses and police dogs for civil rights
- The next president of the OAH will be ... Yale's Joanne Meyerowitz
- Top Ten Signs the US is the most Corrupt nation in the World (2018 Edn.)
- Seven Books Named as Finalists for the 2018 George Washington Prize
- McMaster could leave WH after months of tension with Trump
- AHA President Mary Beth Norton says ending sexual harassment is a high priority