The lack of math hurts me. |
Oh, but it is the government's job to care about kids getting education (even if their parents don't care). Plus the government is trying to retain teachers. If you adopt a policy that in one way ACTUALLY HURTS TEACHERS, then that's a bad policy because it won't do what it is supposed to do. |
I know. I'm a finance professional. There is some basic lack of understanding about how financial products work. For example, teacher cited $15k more money as reason why her best friend was leaving for a new job. Subsequently says financial arguments are not effective. Subsequent to that indicated best friend will work 20 more years. DCPS retirement plan indicates that those 20 more years would have been worth 40% of salary, or about $48,000 per year. Again, this is a perpetuity, but we can approximate with a twenty-year annuity. Buying a 20-year annuity paying $48,000 per year would cost around $750,000. Thus, teacher's best friend is giving up around $750,000+ in retirement benefits alone. She will likely qualify for new retirement benefits after vesting (probably 5 or 10 years at least). The retirement benefits she gains at the new job will be worth a small fraction of what she is giving up in not further accruing DCPS retirement benefits. I don't doubt the health insurance will be almost as good in the private sector as in the public sector, as teacher relates. She doesn't relate, however, how much more in monthly premia she must pay to obtain these same benefits. Math hurts. The lack of math hurts me even more. |
Because you're looking at it strictly from a numbers side. Teachers are telling you it's not worth it. Move on |
Really, really unlikely that she ends up with more time with her own children. I think the teachers here have a distorted view of the 'joys' of WFH. |
I dunno where they could get that from. https://www.dcurbanmom.com/jforum/posts/list/1120562.page https://www.dcurbanmom.com/jforum/posts/list/1119248.page |
Yep, distorted. That's not everyone, and those situations won't last. |
Yep, people having dead time at work is a new phenomenom.... |
Well, at least this suggests that pay for individual teachers isn't the thing to worry about the most. |
It really seems like Council has given up on trying to improve education in DC. I get wanting to retain teachers, but there seems to be little in these proposals that even considers impacts on children (let alone parents). But I guess the goal is to just have warm bodies in the schools; there's no goal to improve what kids are learning (or not). |
Parents and children are not an organized constiuency in DC. MCPS is not great but at least in MoCo they know there are limits. In DC, the majority of parents are poor and have little political capital. In W7 and W8 you need union support to get elected, parents do not matter. In W3 parents have bitten the bullet and are generally OK with their schools or have been thoroughly acculturated to the notion that if they don’t like it, they move or go private. In W6 the parents with potential political capital who stick it out in DCPS have the express belief that their child does not actually need to be educated (yes, they say this) so they are not going to challenge the status quo. Eventually they go private or move. |
I quit after 14 years. There’s no way I was going to make it to retirement. The job is HORRIBLE. Unless you’ve taught, you really don’t understand the emotional and physical toll of the school day. You can throw $750,000 at me and I won’t go back to the public school system. Yes, I think it’s that bad. My mental health and my family are worth more than 30+ years in hell. |
Shes not at DCPS #1 (never said she was, I said she was at a highly sought-after PS system) and #2 shes going to a fed job. I am surprised you feel so emboldened to make projections without all of the information but please continue with the math........ and its 15k THE FIRST YEAR. She's guaranteed pay raises, step increases, likely a grade increase, and COLAs. The most she can currently make as a teacher with a master's +30 is 107 and that's after 25 years so an additional 5 years. and then it doesn't increase after that except for COLAs. |
Oooo, hate to tell you about the lack of fed pay increases. Also, the teacher pension is better than fed retirement. But as you said, none of that matters so who cares, amirite. |
DP. It seems that you don’t want to accept that teachers have it bad right now. That pension only matters if a teacher can GET there. I’m the one who quit after 14 years. Many of my former coworkers are working different jobs now, too. It isn’t that hard for teachers to find other employment. If you are so determined to say teachers have it good, I encourage you to apply. There are tons of openings, and you don’t even need certification anymore in many districts. |