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

[zimmy]

Originally Posted by scottw

Quote:


for #^&#^&#^&#^&zandgiggles...actuarialize this one too JIM, if you would...

What he thinks you should make is irrelevant. What he thinks I as a teacher should make is relevant since he funds teachers. I wasn't asking to be a dck. I was asking because I am curious what he thinks.

[scottw]

Originally Posted by zimmy

What he thinks you should make is irrelevant. What he thinks I as a teacher should make is relevant since he funds teachers. I wasn't asking to be a dck. I was asking because I am curious what he thinks.

why is the income of others, the value of other's homes, how much others make in the private sector working ALL year doing a completely different job.. at all relevant to what Jim might think you should be paid as a teacher?

why not just ask him how much a science teacher should make?


US debt passes $14 trillion, Congress weighs caps

WASHINGTON – The United States just passed a dubious milestone: Government debt surged to an all-time high, more than $14 trillion.

That means Congress soon will have to lift the legal debt limit to give the nearly maxed-out government an even higher credit limit or dramatically cut spending to stay within the current cap. Either way, a fight is ahead on Capitol Hill, inflamed by the passions of tea party activists and deficit hawks.

Today's debt level represents a $45,300 tab for each and everyone in the country.

maybe better to compare it to what other science teachers are making
Average Teacher Salary in Connecticut....Connecticut teacher salaries are some of the highest average salaries in the nation, with a 2009 figure of $64,773. This salary increased 3.9 percent over the 2008 teaching salary in Connecticut of $62,345. The 2008 teaching salary is 2.3 percent higher than the 2007 average salary of $60,943.

Teaching salaries in Connecticut are higher than the national average salary of $49,720 in 2009, and the 2008 salary of $48,353. The percentage increase in Connecticut teacher salaries from 2008 to 2009 was higher than the national average increase of 2.8 percent.

Teacher salaries in Connecticut ranked 4th in the nation in 2009, a slight drop from their standing the previous two years. The average teacher salary in Connecticut ranked 3rd in both 2007 and 2008. Connecticut teacher salaries averaged a 6.2 percent increase overall for the 2007 through 2009 period.

The average teacher salaries in Connecticut have been increasing steadily though the 2007-2009 period. The following Connecticut teacher salary schedule summarizes this information:

Average Salary Percent Change
Rank 2009 Rank 2008 Rank 2007 2008 to 2009 2007 to 2008 2007 to 2009
Connecticut 4 $64,773.33 3 $62,345.00 3 $60,943.33 3.89% 2.30% 6.28%

[zimmy]

Originally Posted by scottw

why is the income of others, the value of other's homes, how much others make in the private sector working ALL year doing a completely different job.. at all relevant to what Jim might think you should be paid as a teacher?

why not just ask him how much a science teacher should make?

The reason the potential income info is relevant because it affects whether someone goes into teaching. The housing info is relevant because it relates to the tax base and the cost of living in that town. What a science teacher makes in fairfield county is going to be different than what they make in rural carolinas where the median house price is $110,000, not 600,000. I work 186 days, so if you want to say the average professional works 245 (3 weeks vacation), that is reasonable. So yes, 76% of the standard work year is reasonable. I don't know anyone who works ALL year.

[scottw]

Originally Posted by zimmy

The reason the potential income info is relevant because it affects whether someone goes into teaching. I don't know anyone who works ALL year.

Quote:
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.


huh???

[zimmy]

Originally Posted by scottw

Quote:
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.


huh???

Let me make it simple for you scott... If I can make 110000+ in biotech and teaching pays 30,000, I can't justify teaching. I think my salary is in line with what it should be. My district the union also agreed to a pay freeze. It will cost me 3,000 per year for the rest of my career. We pay a fair percent of our benefits. I don't know too many teachers asking for more more more.

[Jim in CT]

Originally Posted by zimmy

Let me make it simple for you scott... If I can make 110000+ in biotech and teaching pays 30,000, I can't justify teaching. I think my salary is in line with what it should be. My district the union also agreed to a pay freeze. It will cost me 3,000 per year for the rest of my career. We pay a fair percent of our benefits. I don't know too many teachers asking for more more more.

A pay freeze, without addressing thye benefits, is meaningless.

And if you give up a raise for one year, how does that cost you $3,000 every year for the rest of you career? How big was the raise that you gave up?

[scottw]

Originally Posted by zimmy

Let me make it simple for you scott... If I can make 110000+ in biotech and teaching pays 30,000, I can't justify teaching. I think my salary is in line with what it should be. My district the union also agreed to a pay freeze. It will cost me 3,000 per year for the rest of my career. We pay a fair percent of our benefits. I don't know too many teachers asking for more more more.

186 days

[zimmy]

Originally Posted by scottw

186 days

yes, that is 75% of a typical schedule. 30000, isn't 75% of 110000