Ontario's largest cash-strapped school boards squandered $16.7-million in the last academic year by enabling retirees to pad their pensions with supply-teaching work rather than hiring new teachers, a Globe and Mail investigation has found.

Retired teachers working in 10 school boards, representing half the student population, collected $108.3-million in the 2008-09 school year from taxpayers on top of their government-subsidized pensions, taking advantage of a system rife with loopholes that leaves new teachers scrambling for crumbs.

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