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You appear to be very strongly invested in this completely bizarre narrative that teachers in SFUSD are not low paid, and basically every number you’ve used is
by lazyasciiart 1y ago
You appear to be very strongly invested in this completely bizarre narrative that teachers in SFUSD are not low paid, and basically every number you’ve used is wrong or misleading. Nobody is getting 90% of their salary as a pension. If you retire at 62 after 30 years teaching you will get 66% of your salary as a pension.
Personally, in my private sector job, my healthcare and retirement matching is more than the benefits amount for SFUSD, so excluding that is just ridiculous.
- rahimnathwani 1y agoNobody is getting 90% of their salary as a pension If you work from 27 to 65 (38 years) as a teacher at SFUSD, your pension would be calculated as: Years of service * 2.4 % * final salary In retirement, you would earn more than 90% of your final salary. Personally, in my private sector job, my healthcare and retirement matching is more than the benefits amount for SFUSD, so excluding that is just ridiculous. That may be true in your private sector job.
- lazyasciiart 1y agooh man, you're right - there are some people in California who get that! I should have said "90% permanent salary replacement is so far from normal that nobody can in good faith call it a major part of the compensation story. Anyone who used that as advertising for the job would be sued for lying. The average length of service at time of retirement across the entire California public education system is only 25 years. Only around 11% of all CA education employees even hit 35 years at retirement, and less than a quarter of those make it to 40, so a maximum of 5% of all education staff end up with a 90% salary replacement - and this group is more likely to be administrative staff than elementary school teachers, and more likely to be out of SF than in it." BUT for the arbitrary reason that it supports my argument, we are going to ignore any teachers that are getting 90% salary replacement, as a fair way to compensate for arbitrarily discarding all private sector benefits from the comparison. So I was right after all - nobody in the comparison group is getting 90% salary replacement.