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We studied the development of teacher–student relationships and teachers' job satisfaction throughout the careers of four veteran teachers who retained high job satisfaction. Teacher data gathered with the narrative-biographical method were compared with students' perceptions of the teacher–student relationships, using the Questionnaire on Teacher Interaction. Teachers' job satisfaction appeared positively related to the self-reported quality of the teacher–student relationships. Positive retrospective teacher perceptions did not always coincide with positive student perceptions. It appeared that teachers may have positive job satisfaction despite, in the eyes of the students, a poor teacher–student relationship.