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One of the reasons -- maybe the primary reasons -- states like teachers in
their 50s to retire is that they can be replaced by fresh new teachers just out of college at starting salaries much less than those the veterans were getting. It actually saves the states money. Hmmm. Not sure I see the math here. While the state may save, say, half of the older teacher's salary (let's say my sister was making $45,000 -- so they'll cut it by half in retirement, to $22.5K) they then have to pay a new teacher what, $25K to start, plus benefits? Thus, we've lost a few grand in the mix. Of course, "retirement pay" comes out of a different bucket of cash in the state's budget then "teacher's salary", so ON PAPER they LOOK like they "saved the taxpayers some money"... More typical gubmint accounting, is my hunch. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
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