The Conservative Cave
Current Events => The DUmpster => Topic started by: Tucker on June 13, 2011, 10:58:29 AM
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http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1285391
proud2BlibKansan Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Jun-12-11 09:19 PM
Original message
California asks teachers to give up pensions
(CBS News)
It's a trend that's gaining momentum in states across the country, and public workers don't like it. They're being told their prized defined-benefit pensions can no longer be afforded.
CBS News correspondent Ben Tracy reports that many teachers are beginning to feel like there is a public campaign to scapegoat them for greater problems.
Family science night is a chance for teacher Julie Van Winkle to show parents the experiments she's been doing in her classroom. The 32-year-old has been teaching for seven years. It's her first year here at Nightingale Middle School in Los Angeles, but Julie, who makes about $58,000 per year, already feels like a veteran of what some call a war against teachers.
"I fought tooth and nail to keep my job and now it looks like I am going to have to do that to keep my pension," Julie said.
Read more: http://www.cbsnews.com/stories/2011/06/12/eveningnews/m...
proud2BlibKansan Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Jun-12-11 09:28 PM
Response to Reply #3
5. Amen
You can try to pry mine from my cold dead hands - but even then I'm not giving it up.
You want to put me on a 410K, then you can double my salary. That's the only way I'd come close to considering this nonsense.
Greed has no limits.
Yupster (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 11:15 AM
Response to Reply #14
37. Elected officials shouldn't get any pension at all
Elected representative isn't supposed to be a career.
Strike one.
proud2BlibKansan Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Jun-12-11 09:38 PM
Response to Reply #15
17. But teachers in 14 states don't even get Social Security
Alaska
Maine
California
Massachusetts
Colorado
Minnesota
Connecticut
Missouri
Illinois
Nevada
Kentucky
Ohio
Louisiana
Texas
Yupster (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 11:19 AM
Response to Reply #17
38. You make that sound like a negative
Teachers in Texas pay the same amount into TRS that they would have paid into social security and get way over two times the benefit that social security would have provided had they been in it.
Which brings up the question, how is it that teachers (in the states you list) do not have to be in social security when all the rest of us do?
What makes them so special? Do you think doctors would like to set up their own system in lieu of social security? Or lawyers or stockbrokers? Of course they would, but they can't. Only teachers can.
I remember President Obama during the campaign saying the reason social security works is because it's universal, and I said, not if you're a teacher.
Strike two.
Horse with no Name Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 11:25 AM
Response to Reply #38
42. I worked for the State as a nurse and I didn't pay into SS
my contribution went into a 401b.
Excuse me while I do a Google search to back up my post.
Horse with no Name Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 11:33 AM
Response to Reply #45
46. Sorry. It was a 403b. My mistake.
In Texas, it has something to do with being a state or county employee. As far as I know, they are the only entities that can opt to do that.
I wondered about it as well. I thought it was a trial balloon to see how much money can be made in the stock market on retirement accounts to see if it was worth pursuing the theft of Social Security.
MANY trial balloons for the rest of the country start here.
Thank heavens for Google or people would think I'm brainless.
Horse with no Name Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 11:27 AM
Response to Reply #10
44. I know TWO right now
Edited on Mon Jun-13-11 11:27 AM by Horse with no Name
friends of my daughters...went all the way to the last semester and realized they made a huge mistake.
In our area...there are ZERO jobs for teachers. ZERO. And there aren't any for hundreds and hundreds of miles.
Your Daughter has no educated friends.
femrap Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 01:17 AM
Response to Reply #19
31. So all the teachers paid into Updated at 10:55 AM
the Annuity, right? That's the teachers' money.
I'm sick of this shit.
proud2BlibKansan Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 01:30 AM
Response to Reply #31
32. Yes it's their money
Their employing districts also made a matching donation but that is deferred compensation - pension contributions in lieu of salary increases.
You silly bitch. That's no more your money than the money I put into SS is mine. It's one of the democrat parties socialist schemes.
Yupster (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 11:26 AM
Response to Reply #31
43. The problem is the amount they paid in has nothing to do with what they get
That is set by a formula.
Just to give an example, in Texas.
The retired teacher gets...
2.3 times the years experience equals the percentage pay.
So a teacher retires after 39 years teaching at age 62.
Her top three years pay (grandfathered) averaged $ 78,000.
Her formula would be 2.3 x 39 = 89.7 % of 78,000 or
$ 69,966 a year for the rest of her life.
She could easily get that $ 70,000 a year for the next 30 years.
That is way, way more than she ever put into the system. In fact she may get paid more money retired thn she made her whole life teaching.
Strike three.
femrap Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 01:16 AM
Response to Original message
30. Jerry Brown wants this??????????? Updated at 10:55 AM
Isn't fascism fun?
proud2BlibKansan Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 10:50 AM
Response to Reply #30
33. Just another Democrat who hates public employees
Wish I could say I was surprised.
femrap Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 10:58 AM
Response to Reply #33
34. I lived in CA when he was gov.... Updated at 10:55 AM
I never thought he could be so heartless. How can he STEAL their money? Is he trying to renege on the State's contribution? Geez.
:lmao:
This next comment brought to you by Barry Hussein obama
Horse with no Name Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 11:23 AM
Response to Original message
41. The time is RIGHT for this
Unemployment is up.
The economy is in the tank.
Gas prices are up.
Food prices are up.
People are losing their homes, their jobs, their security.
Sooo...now TPTB have decided that the time is ripe for them to take what you EARNED...counting on the sad state of the country. They are putting the teachers on a national stage to strip them of their benefits...it is a classic "divide and conquer" scheme.
When the economy was booming and teachers chose to elevate their profession by negotiating less wages but more in retirement and other benefits--nary a word was said about that.
I think this is a disgusting move.
I also think it will work. :(
Teachers have been properly demonized, and honestly, TPTB would RATHER seasoned teachers quit. There is no leverage.
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I feel feel feel....how can they be so heartless...
DUmmie teachers, you need to THINK. Think how many people (property taxes) in your neighborhood are needed to pay your salary, health insurance and retirement? Then THINK about how many in your neighborhood are having their homes foreclosed on (no property tax on foreclosed homes). Now THINK about the debt your state is in, how many people have lost their jobs? The revenue to the State and Federal government is down and the cost for unemployment is WAY up, as well as other new spending for stupid crap. Then THINK how long this pyramid scheme can continue, especially now.
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How come they're all ignoring Yupster? especially this post?
Yupster (1000+ posts) Mon Jun-13-11 11:26 AM
Response to Reply #31
43. The problem is the amount they paid in has nothing to do with what they get
That is set by a formula.
Just to give an example, in Texas.
The retired teacher gets...
2.3 times the years experience equals the percentage pay.
So a teacher retires after 39 years teaching at age 62.
Her top three years pay (grandfathered) averaged $ 78,000.
Her formula would be 2.3 x 39 = 89.7 % of 78,000 or
$ 69,966 a year for the rest of her life.
She could easily get that $ 70,000 a year for the next 30 years.
That is way, way more than she ever put into the system. In fact she may get paid more money retired thn she made her whole life teaching.
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How come they're all ignoring Yupster? especially this post?
Because it doesn't reinforce their rage or agenda.
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Perhaps if communities were allowed to hire/fire/promote teachers by ability & effectiveness we'd get rid of the led weights and could afford generous pensions for the ones who are genuinely earning them.
Cindie
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proud2BlibKansan Donating Member (1000+ posts)
Sun Jun-12-11 09:28 PM
Response to Reply #3
You want to put me on a 410K, then you can double my salary.
What is a 410K? :???:
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What is a 410K? :???:
It's a little half-assed shotgun, 'kay?
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Been working the same place for 26 years, and I don't make this much. No wonder our Union run systems are going broke.
The 32-year-old has been teaching for seven years. It's her first year here at Nightingale Middle School in Los Angeles, but Julie, who makes about $58,000 per year
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proud2BlibKansan Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sun Jun-12-11 09:19 PM
Original message
California asks teachers to give up pensions
(CBS News)
It's a trend that's gaining momentum in states across the country, and public workers don't like it. They're being told their prized defined-benefit pensions can no longer be afforded.
CBS News correspondent Ben Tracy reports that many teachers are beginning to feel like there is a public campaign to scapegoat them for greater problems.
Family science night is a chance for teacher Julie Van Winkle to show parents the experiments she's been doing in her classroom. The 32-year-old has been teaching for seven years. It's her first year here at Nightingale Middle School in Los Angeles, but Julie, who makes about $58,000 per year, already feels like a veteran of what some call a war against teachers.
"I fought tooth and nail to keep my job and now it looks like I am going to have to do that to keep my pension," Julie said.
Read more: http://www.cbsnews.com/stories/2011/06/12/eveningnews/m...
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http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1285391
I'm sure the zombies will be visiting Governor Moonbeam soon. :lmao:
Avant Guardian (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 11:52 AM
Response to Reply #48
49. Republicans are attempting to steal every cent that ever existed
And every cent that will ever exist.
Yep Moonbeam is quite the Republican isn't he? :rotf:
Major Hogwash (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jun-13-11 03:37 PM
Response to Original message
57. Go to the feds and get some bailout money Jerry!!
Those teachers worked for their pensions, they deserve to get what they were promised!!
Just peel them bills off of 0bama's stash.
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Been working the same place for 26 years, and I don't make this much. No wonder our Union run systems are going broke.
The 32-year-old has been teaching for seven years. It's her first year here at Nightingale Middle School in Los Angeles, but Julie, who makes about $58,000 per year
To be fair, $58K a year in Los Angeles is chump change.
But I find it hilarious that the unions and those who are expected to be responsible for contributing a small portion are so up in arms over it. I look at all the money I and my employers have put into the SS system over the past 30+ years and realizing that I might as well have set it on fire.