Recent comments in /f/Pennsylvania

ScienceWasLove t1_ja3sg87 wrote

Wolf signed it into law. All he had to do was veto the very anti-teaching legislation authored by the republican general assembly, that would have been the end - and a win for the people who put him in office.

What’s worse is the PSEA nearly blew Wolf throughout his whole term.

I should have said NYC school system is 25 years.

In link you provided none of the non-NYC tiers had a 35 year threshold, like PA.

The assumptions in the PennLive article from PSEA do not match the more realistic assumptions provided by PSERs. Again, it equates to about 1/2 of what I will get. It is also an annuity, so it doesn’t literally have the same value as cash when you die.

Once you teach for 2-10 years, you start to fully understand the ramifications of the pension system. So, I am 22 years in, and at 35 years I will collect a decent pension. I have known this since about year 2 of teaching.

Teachers w/ a BS in Math, Bio, Chem, Physics will realize in year 2-10 that they can make more money in the private sector, that combined w/ the lack luster pension - after staying around for 35 years - will provide an incentive for career change. It’s happening now because of COVID related issues in public ed.

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Opening-Ad-8793 OP t1_ja3re6y wrote

Lol why do you assume I’m speaking about myself. I’m speaking about the rules of the moratorium which are designed to ensure people don’t freeze to death—but only the people who didn’t receive q shut off notice before winter months apparently . And I’m from Texas and a family that doesn’t use AC 98% of the time so no I don’t expect that. Btw it seems like capitalism has you in a choke hold.

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ktxhopem3276 t1_ja3p5nm wrote

> PA requires a MS in 5 years in order to get a Level 2 cert, otherwise your Level 1 cert expires and you can’t teach.

That seems like a huge burden on young teachers. I imagine having to work and get a masters would lead to more burnout. Most states don’t have this requirement.

> The new pension plan revisions equate to about 2/3rds of what a teacher would get before the revisions - about half of their salary - after 35 years.

Don’t forget the $500k in 401k benefits build up over those 35 years

Even without the 401k it’s still about 75% because 45k is 25% less than 60k while 60k is 33% more than 45k.

> Similar to what cops/fireman get - except they only have to work 20-25 years.

Police and firemen are more politically savvy then teachers and do a good job at convincing voters they take on great risk of bodily harm and deserve the pension to be compensated

> The changes will cause new teachers to leave the profession at higher rates.If you had to teach for 20-25 years, you could arguably transition to another career while in your 40’s.Teaching until you are in your 50’s makes that career change much harder.

I feel like teacher burnout is not directly connected to pensions because the pension is earned so far in the future. Why would teachers leave the profession if they earn more pension the longer they stay? That’s basically why politicians are afraid to convert teachers to an entirely 100% 401k system because it would give no incentive to stay.

> Wolf fucked the teachers hard w/ the pension change.

Why do you blame it on him when it was passed by the legislature? If it wasn’t for wolf, the Republican legislature was calling to entirely abolish pensions. If you want more teacher pay and benefits it will take a democrat state senate to get it.

>. In NY you only need to teach 25 years to collect a “full pension” with no penalty.

I don’t think that’s correct. Ny has raised its age just like PA has.

https://www.nysut.org/members/retirees/teachers-retirement-system

Teaching jobs in ny are competitive and many graduates move out of state to find work. My sister had to move to Virginia for much less pay and benefits bc jobs in ny were nearly impossible to get without political connections. Rural areas in pa struggle but suburban and even urban districts don’t have trouble getting new teachers at least in Pittsburgh

2

godofleet t1_ja3oqxx wrote

Nuclear isn't that unsafe. https://www.engineering.com/story/whats-the-death-toll-of-nuclear-vs-other-energy-sources

People have and will live around nuclear power as it becomes the defacto source of clean energy we produce.

This said live where you feel safest .. just throwing this out there, your fears are less logical than being afraid to fly.

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69FunnyNumberGuy420 t1_ja3ojj4 wrote

Drivers are supposed to operate their vehicles at a safe rate of speed for the conditions. You'd think not slowing down in an area with a lot of kids and a bus would constitute negligent behavior, but it's completely legal in PA to kill people with your car as long as you weren't drinking or on drugs.

 
Last summer outside Pittsburgh, a driver creamed a guy in a crosswalk on Rt. 51 and killed him. Charges weren't even discussed.

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CatOfTheDecade t1_ja3o19z wrote

Not sure why you're being downvoted, but this is exactly how investments work. You keep contributing even when SHTF because nuances of your investments notwithstanding, you're buying $500 shares for $50.

There's a point where given average annual returns of x% over any given ten-year rolling period, the pension becomes self-funding. If employees are vested for y # of years, it becomes impossible for any employee to withdraw more than their contributions (and the resulting compound interest) contributed to the fund.

Pensions are fundamentally sound. It's corruption and mismanagement that kills them.

5

ScienceWasLove t1_ja3nlj7 wrote

In NY teachers can retire at 25 years w/out penalty, and start a second career in their 40’s.

In PA the revisions essentially cut pensions benefits in half - while maintaining the 35 year requirement. Starting a second career in your 40’s is more reasonable vs 50’s.

They should have changed 35 years to 25 years.

0

Pink_Slyvie t1_ja3mys2 wrote

Draconian, adjective, excessively harsh and severe.

New York would be one of the least draconian states in the country. The amount of social services provided over other states is amazing. Nowhere near where we need to be as a society, but still better than almost anywhere else.

A draconian state, would be a state like Florida, Texas, Tennessee, or any state where they're currently trying to make it illegal to be a trans person. Just as one example.

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ScienceWasLove t1_ja3mpg1 wrote

PA requires a MS in 5 years in order to get a Level 2 cert, otherwise your Level 1 cert expires and you can’t teach.

The new pension plan revisions equate to about 2/3rds of what a teacher would get before the revisions - about half of their salary - after 35 years.

Similar to what cops/fireman get - except they only have to work 20-25 years.

The changes will cause new teachers to leave the profession at higher rates.

If you had to teach for 20-25 years, you could arguably transition to another career while in your 40’s.

Teaching until you are in your 50’s makes that career change much harder.

Wolf fucked the teachers hard w/ the pension change.

In NY you only need to teach 25 years to collect a “full pension” with no penalty.

2