HsiaoChu
Recycles dryer sheets
- Joined
- Feb 26, 2010
- Messages
- 389
I agree totally. When i went into education in '71, I started at a pay which was in some case 1/3 less than any of my friends who went into business. My sister in law now works for Wells Fargo. She has less education than I, and after only 30 years on the job compared to my 40, makes almost double what I do. You all pay for HER GENEROUS pension benefits through increased consumer costs, and she is only middle management. But people in PA are sceaming that teachers get this terrific deal.
Heck, our pension deal was all we had at all during most of our careers. And besides, if you look at government statistics regarding education level and salary, the average across the usa puts a Masters Degree at about $64K a year, and thats not with 40 years employment.
IN Pa, the educators have been dutifully paying into their pensions system at 6.5 - 8% of their gross salaries for every year of their employment. The State and the school districts agreed to pay a part of the system too. But in 2001, the state and the districts decided to stop paying into the system; even though they knew by law they would have to make it up. Well, now the piper has come to collect, and the populace that went along with the districts and the state in shirking their legal agreement, now want to shirk even more.
But in PA they cannot. Its the law, and its written into the state constitution. and its been through the courts enough time that everybody knows they can't break it. They can change it for new employees but not for those already in the system.
A recent letter to the editor of my local paper said that teachers need to fund their own pension system and pay for their own health care. Guess what? Teachers have been funding their own pension system full according to what the law said from the beginning. And guess what? We have to pay for our portion of health care just like everybody else.
I wonder how many of the complainers about the costs of teacher pensions actually saved 6-8% of their salaries from the time they first started to work, like every educator was required by law to do. I'd bet that not more that 10% maximum.
Z
Heck, our pension deal was all we had at all during most of our careers. And besides, if you look at government statistics regarding education level and salary, the average across the usa puts a Masters Degree at about $64K a year, and thats not with 40 years employment.
IN Pa, the educators have been dutifully paying into their pensions system at 6.5 - 8% of their gross salaries for every year of their employment. The State and the school districts agreed to pay a part of the system too. But in 2001, the state and the districts decided to stop paying into the system; even though they knew by law they would have to make it up. Well, now the piper has come to collect, and the populace that went along with the districts and the state in shirking their legal agreement, now want to shirk even more.
But in PA they cannot. Its the law, and its written into the state constitution. and its been through the courts enough time that everybody knows they can't break it. They can change it for new employees but not for those already in the system.
A recent letter to the editor of my local paper said that teachers need to fund their own pension system and pay for their own health care. Guess what? Teachers have been funding their own pension system full according to what the law said from the beginning. And guess what? We have to pay for our portion of health care just like everybody else.
I wonder how many of the complainers about the costs of teacher pensions actually saved 6-8% of their salaries from the time they first started to work, like every educator was required by law to do. I'd bet that not more that 10% maximum.
Z