DCPS budget cuts

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As a highly effective teacher, the only two things keeping me in DCPS as opposed to teaching in another district are the pay and the pension. I'd be out of here pretty fast if either of those things went away. I know I'm not the only one who feels this way. DCPS already has a problem with teacher retention because of working conditions and it would almost certainly get worse without our compensation. As it is, I'm planning to hang on another 15 years until I can retire at 60 ( not 55). Also please note that DCPS teachers do not pay into social security, we pay into the pension instead. So we are sacrificing that safety net in order to have our pension.

Not sure how much sacrifice is involved here. Teachers pay substantially less (only 8 percent) into their pensions than the rest of us pay into Social Security (12.4 percent) and they will get many, many, *many* times more back than do Social Security beneficiaries. On top of that, they get to retire crazy early. They pay way less and get way more, courtesy of taxpayers.

30-35 years is crazy early? Our country is backwards. That 8% is not matched.

+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.

Fed here and I wish. The earliest I can retire is 55 (and been a fed since 22).

[Anonymous]

I think the trick for Feds is enter the military at 17.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As a highly effective teacher, the only two things keeping me in DCPS as opposed to teaching in another district are the pay and the pension. I'd be out of here pretty fast if either of those things went away. I know I'm not the only one who feels this way. DCPS already has a problem with teacher retention because of working conditions and it would almost certainly get worse without our compensation. As it is, I'm planning to hang on another 15 years until I can retire at 60 ( not 55). Also please note that DCPS teachers do not pay into social security, we pay into the pension instead. So we are sacrificing that safety net in order to have our pension.

Not sure how much sacrifice is involved here. Teachers pay substantially less (only 8 percent) into their pensions than the rest of us pay into Social Security (12.4 percent) and they will get many, many, *many* times more back than do Social Security beneficiaries. On top of that, they get to retire crazy early. They pay way less and get way more, courtesy of taxpayers.

30-35 years is crazy early? Our country is backwards. That 8% is not matched.

+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.

Fed here and I wish. The earliest I can retire is 55 (and been a fed since 22).

PP again. That’s the earliest a teacher in DCPS can retire too.