Why can't teachers/cops live with 401(k)'s instead of pensions?

[TheSpecialist]

Originally Posted by zimmy

Jim,
I am a science teacher in CT. I would never in a million years complain about my salary or benefits, but they are certainly not why I teach. I love teaching. However, just for #^&#^&#^&#^&zandgiggles.... Average household income in the town I teach in according to most recent census data is $167,642. Median house price is 634,000. I have 11 years experience, a state mandated master's degree (for certification) and am working on a second masters. Both are science based. Out of curiosity, what you think would be a fair wage? Also consider that I started in biotech for a private firm and would be earning in the 100,000-115,000 if I had stayed in that position as a research and development scientist to this day.

I can't wait to see the answer to this one...