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| Teacher Angry She can't Retire at 47 | |
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| Tweet Topic Started: May 18 2012, 09:51 PM (987 Views) | |
| LPS Reformer | May 18 2012, 09:51 PM Post #1 |
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The schools exist to educate, not employ.
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Link![]() Teacher Upset She Can't Retire at 47 MEA member says reform bill calling for teachers to contribute minimally to retirement is unfair By Tom Gantert | April 18, 2012 Terri List says she would tell her students not to become a teacher in Michigan. Why? One of the reasons is because the Saginaw Township Community School District English teacher won’t be able to retire at age 47 as she has hoped. List was highlighted by the Michigan Education Association as one of the critics of Senate Bill 1040, which would require public school employees to contribute at least 5 percent of their compensation to their retirement plan. The MEA reported on its website: "Saginaw Township teacher Terry (sic) List had hoped to retire in the next three years when she was 47 years old. That wouldn’t be possible under SB 1040. List would have to work another 16 years to be eligible for health benefits." “By the time I’m 60, I would have put in 43 years of service, earning a salary at the top of the pay scale. How does that save the district money? You could hire two people for the cost of one and encourage young people to join the profession. Right now, I would not recommend to my pupils to become a teacher in Michigan.” List didn’t respond to an email seeking comment. According to the school’s most recent teacher’s contract, List earns between $70,000 and $80,000 a year depending upon her level of education. Factor in expected pay raises over the next 15 years and it’s likely List would make more than $90,000 by the time she retires, said Michael Van Beek, education policy director at the Mackinac Center for Public Policy. Van Beek estimated List’s pension would be $60,000 a year in retirement and it would increase 3 percent a year and she would get health benefits when she retired at age 60. Van Beek also said that it is likely that List bought “years of service” because she said she would have 43 years of service by age 60. Van Beek said that practice is basically extinct in the private sector. Leon Drolet, chairman of the Michigan Taxpayers Alliance, called List’s comments “amazing.” “Wow. They have reached the politicians’ level of entitlement,” Drolet said. “She thinks she is entitled to retire at 47? Holy smokes. I don’t know what more to say to that. A government employee thinking that 47 is a reasonable expectation to retire shows just how deep inside their own bubble they live, insulated from the real world.” Charles Owens, president of the Michigan chapter of the National Federation of Independent Business, said tongue-in-cheek that List was “spot on” in her complaint. “If you want to retire if you are 47, apparently teaching is not the place to go,” Owens said. “The least Terri could do is provide a list of places other people could go so they can retire when they are 47.” |
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“Child Abuse” means different things to different people.... ----Randy Liepa 8/9/12 | |
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| injuneer | May 18 2012, 11:13 PM Post #2 |
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I have no problem with people retiring early. I know a few people who have been fortunate enough to retire around that age but they did it using their own savings and well planned retirement accounts. But not through taxpayer funded pensions and health care. Tough luck for her.
Edited by injuneer, May 19 2012, 09:59 AM.
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| Ava | May 19 2012, 09:06 AM Post #3 |
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So what? Who cares?
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Should have signed up for the Army, Navy, Marines instead of becoming a teacher. That's that only job I know where you can retire with benefits after serving for 20 yrs. I don't feel sorry for her. |
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| Vanna White | May 19 2012, 03:38 PM Post #4 |
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Veteran
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Although I may be labled as "anti-teacher" or somehow against education, nothing could be further from the truth. We need to tell anyone that will listen about this kind of abuse of taxpayer money to counteract the brainwashing from the education and political establishment. When I talk to people about these issues they are almost always shocked. Ask your friends and family how they feel about funding teacher retirment and health insurance so that they can retire in their 40's and 50's. Unfortunately, most people actually believe the lie that we don't spend enough on education and are completely ignorant of this obscene mismanagement of their tax dollars. We need to stand up for our kids, since it appears a cushy early retirment is more important than books and classroom materials. They ask parents to bring pencils, paper, clorox wipes, kleenex and even toilet paper in some schools, but teachers get full healthcare when they retire absurdly early and start a second career? We have to stop believing the lies about all the sacrifice "for the kids." |
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| DADDYOH10 | May 19 2012, 07:38 PM Post #5 |
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Veteran
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I retired early...58...pension to pay, $24,000.00 per year...Medical costs to be $30.00 per month + Co-pays of $20 to $25 for office visits and prescriptions, now numbering 6 (diabetes and CAD). At 62 Medicare kicks in and my costs rose 400% on a monthly basis. Also, "supplemental income" included in the original $24 Grand, reduced that amount to only $18,000 per year . Oh, you lost some equity in your house??? That saved you money??? To pay the folks who are asking me to trust them??? If she is p.o.'d tell her to talk to me ...I'll make her feel that Million dollar Plan that she has, and, she can share my pain as well... Edited by DADDYOH10, May 19 2012, 07:42 PM.
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| LPS Reformer | May 20 2012, 04:06 PM Post #6 |
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The schools exist to educate, not employ.
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“Child Abuse” means different things to different people.... ----Randy Liepa 8/9/12 | |
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| Otis B. | May 21 2012, 08:10 AM Post #7 |
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Veteran
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“By the time I’m 60, I would have put in 43 years of service, earning a salary at the top of the pay scale. How does that save the district money? You could hire two people for the cost of one and encourage young people to join the profession. Right now, I would not recommend to my pupils to become a teacher in Michigan.” Does she not realize that the district will have to pay her replacement plus her fat pension and health bennies? I'm not sure she's qualified to teach if she doesn't understand that. Call me anti-education, call me a teacher basher, but this level of entitlement does not surprise me one bit. Start up this line of conversation with any public school teacher and you'll hear the same rhetoric expressed in this article. They live in their own bubble. |
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| Ava | May 22 2012, 04:04 PM Post #8 |
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So what? Who cares?
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I'm angry too, but it's not because she can't retire at 47! |
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