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Schools and Education General Discussion
Reply to "From a struggling teacher "
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[quote=Anonymous][quote]If you are in the public school system and you have put in 4 years, please be mindful of your pension. It might not make sense to switch to a private school. The pension is one of the best benefits to teachers. You may want to check out how long you need to be in the system to receive one before switching out of the district entirely.[/quote] The pension used to be one of the best benefits. Most systems have changed from a defined pension to a 401K type or hybrid system. It is not longer what it once was and nothing is assured going forward. Don't count on anything. If you switch jobs, just start saving aggressively in your 401K. And a Roth IRA. [/quote]
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