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I broadly agree, but teachers and other public employees have pension plans that are funded mostly by the employer (public) and pay 50-80% of their annual salar
by ak217 3y ago
I broadly agree, but teachers and other public employees have pension plans that are funded mostly by the employer (public) and pay 50-80% of their annual salary for their lifetime after 30 years of service. So you can't compare those numbers directly.
- halfnormalform 3y agoThe promise of future pensions can't be used to pay bills, though. The teacher still has to survive in the world using the dollars that show up on their paycheck today.
- kelipso 3y agoGood luck living on that pension after a decade or two of inflation.