what interest me was not the case itself, but how a teacher managed to save almost $900k CASH in her lifetime!
lets do some simple calculations:
assuming the teacher started her career at the age of 25 and work all the way to her retirement at 60, ie 35 years in service.
$900000 / 35 years / 12 months = $2142!!
to make this calculation simple, assuming the pension and so on are given out monthly throughout the 35 years, this means that she is saving $2142/month!
maybe i should regret not taking up the teaching post offered to me earlier..