The problem with teacher pensions is the same problem as the one with any social benefit program that pushes the real cost down the road without covering the debt adequately now. I think we are now aware that every generation is happy to screw the next generation over by saddling it with these albatrosses and I think, frankly, that it shouldn’t be allowed. If governments want to fund pensions to recruit/incentivize good teachers, they should have to account for/pay the real cost now. The easiest way to do that is via 401k contributions, even very generous ones. I think teachers deserve more than whaf they get on most fronts, but guaranteed pensions aren’t sustainable. |
Well said. |
Wash Post just reported that the DC Council Chair is rejecting the cuts and sending back a revised budget that restores the teacher positions. Mendelson says the CFO’s insistence on adding money to the reserve fund is an unnecessary policy choice that the law does not allow the CFO to force on the mayor, and argues that laying off teachers makes no sense when DCPS got a $200M increase in funding for next year. Also mentions that DCPS central office always seems to get funded at the expense of the schools. Kudos to Mendelson! |
Thank you, Mendelson! |
30-35 years is crazy early? Our country is backwards. That 8% is not matched. |
Nice! |
+1 To retire crazy early you need to start in DCPS at age 22 and never leave. Don’t feds who do that get to retire ‘crazy early’? Most teachers did not do this and don’t retire at 55. |
Also, DCPS teachers do not collect any social security. That is the pension for everyone else. In addition, teachers fund a big chunk of it from their Sal. 8% of our pre-tax earnings go into our pensions. |
|
You sure about that? I love kids and am an expert at teaching my subject area but I’m tired and stressed. Am hanging on for the pension. It would take YEARS for a new teacher to reach my level of expertise. Don’t knock the experienced, yet tired, teacher. We are golden!! |
Tired and stressed aren't really great qualities in teachers. Not sure experience makes up for that. |
Most good teachers are tired and stressed by this time the year. You think first and second year teachers are less tired or stressed? |
Don't listen to this fool! Fight for your pension. Teachers deserve it. That and the summers are the main benefits other than the joy of making a difference (which many better paid and more appreciated jobs can provide.) |
+1. DCPS is begging for teachers. My friend who is a SAHM is about to become a DCPS FT teacher and she just needed to complete a certificate. If you want all the perks and great pension, you can be a teacher too! It’s not hard. |
As a current who has been teaching for 30+ years and still loves every day, all those people out there who think teachers have it made, why don't you come join us? I heard there are lots of openings, great hours, long summer breaks, and fabulous pensions waiting for all new hires.
|