+1 My sister and mom are teachers (mom retired from private school teaching) I think in addition to this they need to change the retirement package. Not sure about the rest of the country but here a public school teacher gets 100% of their pay as retirement unlike my mom who had to save like most of the rest of us. They could then put that money they save to the students or to keep property taxes at bay. Taxes are extremely high where I live.
Here in MO, it is said to have one of the best retirement programs in the country. 85% of salary of top 3 year average. My wife is a teacher and puts in 16% of her salary into retirement. Don't make it sound like it's just gifted money. If you put that % of your check into a system for 30 years (+ employer contribution), don't you think you'd be entitled to a nice retirement pay out?
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