excuse me?!
i’ve always failed to understand WHY ON EARTH teachers get pensions. maybe i could see it... IF their salaries over the years were below the median for the area, thereby saving some money for the community (a form of sweat equity)
but it makes no sense for teachers making FAR above the median salary to also rake in a pension
on top of that, their contributions over the years are nothing... yet they rake in massive amounts for the remainder of their lives.
in this case, if they retire at 50 and both live to 70, that’s 20 years @ $52k/yr, or $1.04m.
meanwhile, the average person being FORCED to ‘contribute’ 15% of their lifetime earnings into social security will receive roughly $800/mon on average, or $19,200/yr for 2 people ($800 * 12 * 2)... which they can only start collecting at 65. if those 2 average people also lived to 70, they would receive $96,000 total...
wtf is going on here and wth are we allowing ourselves to continue being punked???
Of course there is scorn for their profession. It is as expected...the host should always despise the leech, especially when the leech is constantly abusing the host for more blood.
$140K/9=$15.56K*12=$186.67K per year for their equivalent combined income.
Yet, these same fools want me to pay and pay and pay and pay when my household income is 40% of theirs.