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I saw that a hundred times at a small school district in Southern California. As retirement nears (age 55-59), take a promotion from the classroom to the distri
by clivestaples 6y ago
I saw that a hundred times at a small school district in Southern California. As retirement nears (age 55-59), take a promotion from the classroom to the district office, and a $50-75K pay raise. Three years later, that is the salary used to calculate your pension payments... For life.
I live in a neighborhood with two firefighters who were captains, retired at 50, and make over $100K a year. It's totally unsustainable.
- dantheman 6y agoIt's generational wealth transfer from the young and poor to the old and relatively rich. It should be called fraud and theft, because that's what it is.
- clivestaples 6y agoIt is absolutely fraud. The whole idea of public service is that you make sacrifices on the front-end, the public takes care of you through benefits and retirement. There were kindergarten teachers making $120K a year for 6.5 hours per day and ~180 days year. True, they had a masters and 15+ years of experience. EDIT: The often worked much more hours.
- pbourke 6y agoWhile we're throwing rocks at teachers and firefighters, would you consider the trillions of dollars that the GOP made off with during the "Tax Cuts and Jobs Act" smash and grab job fraud and theft? What about the pensions of workers (many unionized) which were obliterated by corporate restructurings during the financial crisis?
- clivestaples 6y agoFraud is fraud. I'll throw rocks at any grifters stealing from me and my family.
- eldavido 6y agoMe too man. Tired of this partisan bickering. Parent obviously doesn't like the GOP, fine, but call a spade a spade.
- deleted 6y ago[deleted]