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Reply to "Want to leave teaching - do I have any options?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How much are teacher's pensions worth? Do they also get social security?[/quote] In Long Island, NY districts, teachers commonly retired after 25-30 years with $100K pensions plus healthcare for life paid for by NY state taxpayers.[/quote] It's my understanding that you can't get both as a teacher. Or they deduct the difference. [/quote] Public school teachers do not pay into social security so they do not collect it unless their spouse dies and they qualify for spousal benefits. Pensions are part of the reason you have old and lazy teachers still teaching.... the pension has them tied to the school.... ball and chain... if they left before a certain number of years, they have NO retirement savings.[/quote]
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