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#61
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![]() "Martin Hotze" wrote in message ... On Tue, 30 Dec 2003 22:45:09 GMT, "James Blakely" wrote: A donor has been located but the cost of the transplant and follow-up treatment is over $250,000. aaah. the US welfare system at work :-) The above amount equals what? 2 bombs in Iraq? Yeah, that's always been a problem for me as well. Spending $250,000 in welfare can do a lot more good than spending it on DOD. SCNR, #m f-up2poster -- harsh regulations in North Korea (read below link after reading the story): http://www.laweekly.com/ink/04/04/open-mikulan.php oooops ... sorry ... it happened in the USA, ya know: the land of the free. |
#62
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#63
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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, $25K to start, plus benefits? Thus, we've lost a few grand in the mix. Of course, "retirement pay" comes out of a different bucket of cash in the state's budget then "teacher's salary", so ON PAPER they LOOK like they "saved the taxpayers some money"... More typical gubmint accounting, is my hunch. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#64
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Good luck! I've often thought of this as well, but I know several
teachers very well and low stress isn't in their job description. My sister would laugh at that "low-stress" statement, too! Imagine "teaching" a room full of adolescent boys and girls? NOT! But the bottom line is this: I've had ten times the stress in my various businesses and careers as she's had in teaching (a fact that she freely admits), and there is no way in hell I'll be able to retire in 9 years. At least not unless a WHOLE lot more of you guys start flying to Iowa on the weekends! :-) -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#65
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![]() "G.R. Patterson III" wrote in message ... Jay Honeck wrote: Of course, "retirement pay" comes out of a different bucket of cash in the state's budget then "teacher's salary", so ON PAPER they LOOK like they "saved the taxpayers some money"... Typically, retirement pay doesn't come out of current taxes at all. The employer sets a certain amount of money aside every year as a retirement account. , Margy pays for her own retirement which gets gratuitously mismanaged for her by the state and the county. If she expects to get anything, she will be socking it away in her 403b (the public teacher version of 401k). |
#66
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![]() "Michael 182" wrote in message news:kiiJb.717212$HS4.5149546@attbi_s01... Where do you guys get these statistics - I find both very unlikely... Michael Thomas Sowell's "Inside American Education" and "Dumbing Us Down" by John Taylor Gatto |
#67
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![]() "Michael 182" wrote in message news:fsiJb.42630$xX.147011@attbi_s02... LOL - ok, I thought we were talking about high school... "Jeffrey Voight" wrote in message ... I made mine up. It *is* correct, though. Half of all _______ would have to graduate in the bottom half of their class. In medical school...not undergraduate school. The 3/4's one, I don't know where it came from. I don't find it likely, either. Jeff... Michael 182 wrote: Where do you guys get these statistics - I find both very unlikely... Michael |
#68
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FAA ATC has three legs of retirement. The first is your annuity. I'd
have to go and look for sure but if I retire when I am eligible, which is after 25 years(I'll be 49), I would get about 37-40% of my base pay.(Actually a high three year average) If I go until I have to retire at 56 then I would get about 45%. The second leg is social security. Even though I would be below the SS age I will get the same amount, my calculations put it at approx $2500 per month to start. The third is the government version of a 401K. At a 10% average annual return until I retire, assuming age 56, it will be worth about $1.5 million. I am putting in the IRS max at current, which will be $13K for 2004. Ron Natalie wrote: "G.R. Patterson III" wrote in message ... Jay Honeck wrote: 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"... Typically, retirement pay doesn't come out of current taxes at all. The employer sets a certain amount of money aside every year as a retirement account. , Margy pays for her own retirement which gets gratuitously mismanaged for her by the state and the county. If she expects to get anything, she will be socking it away in her 403b (the public teacher version of 401k). |
#69
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![]() "Matthew S. Whiting" wrote in message ... Tom Sixkiller wrote: "Matthew S. Whiting" wrote in message ... Richard Hertz wrote: Yeah, but they only have to work 180 days out of the year and work only 7 hour days and then get retirement plans that are killing the tax payers. And how much teaching experience do you have? I'm guessing none by your response. Why not answer his question, Matthew? Answer this one, too: Why is it that over 3/4ths of teachers come from the bottom quartile of their graduating classes? Because he didn't ask a question. He made a statement. The only question in the above is the one I asked. Matt |
#70
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![]() "Matthew S. Whiting" wrote in message ... Tom Sixkiller wrote: "Matthew S. Whiting" wrote in message ... Richard Hertz wrote: Yeah, but they only have to work 180 days out of the year and work only 7 hour days and then get retirement plans that are killing the tax payers. And how much teaching experience do you have? I'm guessing none by your response. Why not answer his question, Matthew? Answer this one, too: Why is it that over 3/4ths of teachers come from the bottom quartile of their graduating classes? Because he didn't ask a question. He made a statement. The only question in the above is the one I asked. Excuse me..."answer his point". First, his response has little do with the original point (retirement system). Indeed, the education system is instilling a real propensity for evasion. |
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