Sentences with phrase «about teacher retirement»

By changing the conversation to all Americans, Weingarten is trying to avoid a conversation specifically about teacher retirement benefits.

Not exact matches

As the rule's new effective date approaches, will he protect the retirement savings of working people — carpenters and coal miners, teachers and technicians, firefighters and farmers — or allow a portion of the financial sector to continue to keep their clients in the dark about whose interests come first?

Following the submission today of the NASUWT response to the Department for Education consultation on «Proposed Increases to Contributions for Members of the Teachers» Pension Scheme», Chris Keates, General Secretary of the NASUWT, the largest teachers» union in the UK, said: «The Coalition Government should tell the public the truth about why it is seeking to raid the pensions of millions of ordinary public service workers and why it is taxing public sector workers who are acting responsibly by trying to save for their retTeachers» Pension Scheme», Chris Keates, General Secretary of the NASUWT, the largest teachers» union in the UK, said: «The Coalition Government should tell the public the truth about why it is seeking to raid the pensions of millions of ordinary public service workers and why it is taxing public sector workers who are acting responsibly by trying to save for their retteachers» union in the UK, said: «The Coalition Government should tell the public the truth about why it is seeking to raid the pensions of millions of ordinary public service workers and why it is taxing public sector workers who are acting responsibly by trying to save for their retirement.

A Teaching Assistant earning about # 7 per hour, working part time and being paid for just 30 weeks per year, typically only pays into the LGPS for less than seven years; whereas a male teacher on retirement may have 30 years of contributions behind him.

This British drama represents the second screen version of Terence Ratigan's play about a school teacher with a weak heart facing forced retirement.

And last month I wrote about a new paper studying an early retirement plan in Illinois that led to huge numbers of older, more experienced teachers retiring but which resulted in no academic harm.

Research does reveal one moment in a teacher's career when pension rules can influence her decision: when she is at, or just about to reach, retirement age.

Correcting the three problems identified above, we find that employer contributions for retirement were 12.8 percent of earnings for public school teachers and 10.5 percent for private professionals in June 2006, a gap of about one - fifth.

While they're working, teachers don't have to save for retirement or worry about investing those savings, because the state takes care of all of those decisions.

Worse, the story they tell about the retirement security offered to our nation's public school teachers is dangerously wrong.

In 2010, more than one - third of teachers were over the age of 50, and in the coming decade, we can expect a large number of teachers to be thinking about retirement.

And if we had a different pension system — one that allowed teachers to build pension wealth throughout their careers and take it with them whenever they left — then they wouldn't be worried about losing their big payout by getting fired a few years before retirement.

Rather than cast aspersions and demagogue the issue, teachers need leaders willing to have courageous conversations about how to modernize and improve retirement security for all of our nation's teachers.

The total pension income is a combination of all of these pensions, so all should be considered when a teacher thinks about their retirement planning.

About 4,800 teachers in Texas and Georgia in the past few years have done just that — or used similar tactics to maximize their retirement benefits.

The retirement benefits of teachers, and of other public employees, have received increased scrutiny in recent years over concerns about the fiscal sustainability of defined - benefit pension plans and the peculiar incentives they create.

Couple this with various features of the plans themselves — for instance, early retirement provisions allowing teachers to retire in their early - to - mid 50s, unrealistic assumptions about investment returns, and cost - of - living adjustments not tied to any inflation index such as the Consumer Price Index — and you have a system that carries a hefty price tag.

But in Lawrence, explains Schueler, the state «only actively replaced between 8 to 10 percent of teachers,» with about 20 percent more of the teaching population changing over due to resignations and retirements.

Morrissey has a number of critiques of our articles, but the main one, as the title suggests, is that our metaphors are inappropriate, and there is nothing at all «peculiar» about the structure of retirement incentives in teacher pensions.

In the Spring 2009 issue of Ed Next, Podgursky and Bob Costrell wrote about the high cost of teacher retirement benefits compared to those of workers in the private sector.

Given that some financial experts usually recommend savings rates of about 15 percent to 20 percent for retirement security, teachers who take a refund may be under - saving.

How do new teachers feel about subsidizing the retirements of other teachers?

While retirement systems collect crucial information on investments, salaries, and retiree wealth, they also provides us with key information about the characteristics of the teaching workforce: the expected number of teachers remaining in the classroom versus the number of teachers leaving the profession.

Steel tycoon Andrew Carnegie set up a national teachers» retirement fund and, in turn, set about influencing public school curriculum.

That will make for a more compelling story and do a better job enlightening readers about how your state's pension plan is (or is not) providing secure retirement benefits to all teachers.

School districts spend about 60 percent of their budgets on teacher and staff compensation, so a 10 percent increase in retirement contributions means roughly 6 percent of the entire budget has to be reallocated from educating children to paying off underfunded pension plans.

My colleagues Chad Aldeman and Kirsten Schmitz have written previously about the evolution of teacher retirement plans.

For example, I've written before about how growing retirement costs are eating into teacher salaries, and it turns out West Virginia is a prime example of this.

Only about one - third of teacher attrition is due to retirement.

Due to steep teacher turnover rates and a back - loaded benefit structure, about 85 percent of Colorado teachers leave their service without adequate retirement savings.

Lincove added that charter leaders worried about teachers not viewing it as a long term career should «think systematically about what kinds of long term retirement benefits and long - term job security might need to be offered to avoid this.»

The Dallas City Council Chambers were packed with retired teachers, several of whom also testified with their concerns about retirement and health insurance benefits.

Pension reform: top - paid administrators to take biggest hit Ed Source: The retirement age for new teachers will be pushed back two years; they'll have to fork over about another 1 percent of their pay into the retirement system.

Those people who are certified go into the teacher's retirement system and the taxpayers pay about $ 7,500 a year for each of them to be in that system.

«Mark feels like people in Wisconsin, where the K - 12 voucher experiment was tested, need to be talking about the impact it has had on public schools, teachers, teacher retirements / shortage and education in general,» said spokeswoman Melanie Conklin in an email.

In the wake of Act 10, fears about impending cuts helped spur the largest rate of retirements in two decades — some 5,100 teachers in 2011 alone, with most districts seeing an increase.

It is unclear what information, if any, Nevada provides to teachers about their retirement benefits.

There is no evidence, however, that Nevada provides teachers with clear information about how their contributions are being used, including the extent to which current employer contributions are being used to subsidize the retirement benefits of teachers under other tiers.

Employment is expected to grow for middle school teachers by about 6 % by 2024 due to enrollment growth and a focus on improving student - to - teacher ratios.1 Also by 2024, many teachers are expected to reach retirement age, subsequently opening more positions for prospective educators.1

Back in September I put a piece up at This Week in Ed about teacher pension reform: In other words McGee and Winters are proposing sacrificing educators» retirement security to achieve a system that is in some respects more fair and — perhaps — educationally more efficient.

Philly teachers also receive Social Security (about a third of state and local government workers don't), so the total contribution by the Philly schools system to retirement costs is actually 29 percent of salary.

I'm talking about pensions — the amount of money school districts must contribute annually to cover their teachers and other staff members in retirement.

If all you knew about Colorado's teacher retirement systems were the teacher and employer contribution rates and the investment return, you could create a pretty awesome, cost - neutral retirement plan.

Teachers may not see or think about retirement costs the way they experience the effects of other policies.

Maryland, however, does not provide teachers with clear information about how their contributions are being used, including the extent to which current employer contributions are being used to subsidize the retirement benefits of teachers under other tiers as well as how benefits are distributed across teachers of different cohorts and teachers with different career lengths.

Maryland also does not provide teachers with transparent information about the opportunity cost of leaving contributions in the system by reporting how much might be earned if teachers were to put contributions into a personal retirement savings account.

Moreover, if we care about keeping veteran teachers, then we should be concerned about the much larger «push - out» effect that pensions have on teachers who reach the normal retirement age.

Even among Iowa teachers who make it to age 55, the state assumes only about 3 percent will make it all the way to age 65 (the normal retirement age for Social Security).

If teachers do not proactively enroll in a retirement plan within their first five months on the job — a time when many first - year teachers are more worried about the demands of their new job — the state automatically enrolls them in the Pension Plan.

It's understandable that as a trade group representing large pension plans, the NPPC doesn't want to have a conversation about why public - sector retirement plans like those offered to teachers are getting worse over time, while those offered in the private sector keep getting better.