"During Barbara Fowler’s final year working as superintendent of the Troy School District in 2014, she had 42 years of experience in public schools and was earning a salary of $222,054.
Now retired, Fowler collects an annual pension of $145,140 as a member of the Michigan Public School Employees Retirement System, or MPSERS.
...Individual MPSERS pensions get a 3 percent annual cost-of-living increase every year.
To illustrate the value of those increases, The Detroit News reported that former Forest Hills Public Schools Superintendent Jon Washburn was collecting $136,027 in 2011.
To illustrate the value of those increases, The Detroit News reported that former Forest Hills Public Schools Superintendent Jon Washburn was collecting $136,027 in 2011.
That was then the second-highest school pension payout in the state.
By 2016 Washburn’s payout had grown to $161,124, a $25,097 increase over a five-year period, making it the third highest in the state...
Here’s a list of the top eight MSPERS pensions as of 2016:
- Albert Lorenzo, former president of Macomb Community College, $204,264
- Thomas Svitkovich, former superintendent of Genesee Intermediate School District, $188,448
- Jon Washburn, former superintendent of Forest Hills Public Schools, $161,124
- Donald Newport, former president of Alpena Community College, $148,836
- Iris Salters, former president of the Michigan Education Association, $147,924
- Barbara Fowler, former superintendent of Troy Public Schools, $145,140
- Mark Eckhardt, former superintendent of the Charlevoix-Emmet Intermediate School District, $144,012
- James McCann, former superintendent of the Lamphere School District, $142,728
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