This can only happen in movies, tv shows and places like LA/Chicago and ?!
Not really. I’m not familiar with other states but the TERI program in SC allowed educators to retire, stay in their current job, collect retirement AND a paycheck for the next five years. Nobody gets rich doing that (it IS SC), but it’s a good bumper crop. The program has ended now though. In SC this was used to encourage SC educators to stay and teach after they might normally have retired and gone to another state and taught, building a second retirement. Other states probably have similar arrangements. No...it’s Not a $1.27 million dollar deal.
In NC, educators can retire and come back as a contractor and get paid up to half their previous wage. Going over half cuts into their NC retirement check.