Are you trying to deny our retirees these benefits? I'm on the new system, where I'll receive about 60% of my three highest years averaged. My colleagues earn about 80%. They worked hard - harder than most people I know outside of the profession. They deserve it. Find a way to cut some of the waste in central office. How about that? Let's focus on treating our employees well - those on the front lines- who deserve the salaries made by those in the upper ranks. |
60% is still really good. How many years do you need to work to qualify? |
| To 8:08....no, I am not trying to deny retirees their benefits. Rather, I'm pointing out that a hefty portion of the budget is for retired teachers (who have much better retirement packages than most of the teachers currently teaching today because their benefits have been cut), and not for illegal immigrants as suggested by PPs. |
| This is the same as the fed workers. Older retirees have a much better package and get higher COLAs than current workers. But that is what the older workers were promised when they signed on..it is fair. |
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That's the issue: most folks don't understand basic budgeting. Our org (just under 1000 employees) spends $10 million on the benefits package every year. I have no clue how many mcps employees there are, but I'm guessing it's more than a thousand and I know they have a better benefits package than my org. And with so many retirees receiving pensions and health insurance, I suspect the mcps allocation for benefits is ginormous.
Again, I'm not saying the retirees and employees don't deserve the benefits. Rather, I'm pointing out that a big portion of the budget is going towards these costs (and not towards ESOL or whatever other costs some folks imagine are being diverted to immigrants). |
| Approximately one dollar out of every five MCPS spends goes to benefits. |
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They should spend some money on making sure our kids don't get molested left and right.
Or money training teachers and principals not to send sex assault victims back into the classroom where assaulted. |
Nice. You forgot to add how they get special preferences to colleges and universities depriving better qualified citizens of a college education. Come by Blair and learn the low levels to which our education has sunk. |
Funny how there was budget to that in our pyramid too.... |
This is also true of many cities; they have overbloated pension plans. There were several cities that had to redo them because the states could not meet the current pension requirements. As more and more of the Baby Boom generation begins to retire, this will become an even bigger issue. |
60% is still a crazy high percentage but it's 60% of what? 60% of relatively low salaries is not that high. I don't know what the high 3 is for the average MCPS retiree. All I know is, Starr is really well compensated. |
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Re: public pension benefits. "If something is not sustainable, it shall cease."
Unsustainable, overpromised benefits will be whittled down. No more paying in low and juicing final salaries, no more taxpayer on the hook for public unions, no more promising the moon and stars for a vote. They will be whittle, whittle, whittle down to more sensical figures, even the bloated, underfunded MCPS and MoCo defined benefit plans. |
30 years in By that point, many teachers are in their early 50s and have a masters plus 30. So teachers are earning over $100K. If you have any 12-month experience, your salary is more, as they factor in summer months. So my three highest years averaged, for example, could be 2 years in central office and my current salary in the classroom with the latest step increase. $110 + $112 +$100 (just pretending here) averaged what? about $70K/year in retirement? Most of us also have investments, which we don't touch. So a two-teacher HH could take in $130-140,000 - and in another area, you can live well. I've been making over $100K now for a few years - as a teacher, as a staff developer, as a central office specialist. No, it's not big law $, but we've managed to live comfortably in an area that feeds into a solid school cluster. |
A MCPS teacher w/ 25+ years of experience range from 98-105K. 18 years ranges from 93-100K. 60K +/- in pension. Not bad. http://www.montgomeryschoolsmd.org/uploadedFiles/departments/ersc/employees/pay/schedules/salary_schedule_november_fy2015.pdf |
| I've got two new neighbors with young kids from VA replacing seniors. No indication they are foreign born. |