Highland Park, Illinois, is an affluent north-Chicago suburban community of about 30,000 people. If you live there and dream of achieving the good life in retirement, you should work for the public school system.

In this one zip code (60035), there are more than 200 former public school employees who collect annual pensions above $100,000 from the Illinois Public School Employee Pension system. We know this because of data made public by the Open the Books project.

Although it's not known how many retired educators continue to live in the community and support the local tax base, New World Wealth recently reported that millionaires are leaving the Chicago area at a faster rate than any other city in the U.S.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.