Recent comments in /f/Pennsylvania

ScienceWasLove t1_ja4p787 wrote

I have been a paying union member for 22 years. Part of the AFT, PFT, PSEA, and NEA. Plus a former Teamster.

The PSEA spent many many PACE contributions promoting Gov Wolf before he was elected and while he was elected. In the PSEA magazine he was getting full spread articles about how great he has been for public education.

The union is very pro democratic politicians for very understandable reasons.

The pension reform, which he vetoed, will absolutely impact the quality of retired life for all new teachers moving forward. Some will use the saved DC funds (403b) wisely, most will blow through it very quickly, and be left w/ a pension that is HALF what their predecessors got.

Yes, Wolf screwed the teachers pension wise, and he didn’t have to. The state workers also got screwed. Some of my colleagues know this but many have no clue this change occurred, or the finical implications of this long term.

Corbet attempted to do the same, but he never signed off on pension reform because democrats would have lost their minds. Wolf was a useful idiot for the Republicans.

They could have done the following:

  1. set a CAP on maximum salary (like social security)
  2. changed the 3 average formula to a 5 year average formula
  3. excluded coaching / extra curriculum income from calculations
  4. changed year limits or multiplier

If you believed in the current system - this is what other states have done to trim costs but maintain integrity.

The plan under Corbet included #1, and the salary caps would have forced almost every superintendent into early retirement.

It should be noted that state legislators can join SERS or PSERS and I bet as the junior legislators age and they start to realize what they did to themselves, there will be some pension reforms again, that is better for members.

The 2.5 multiplier legislation was a result of politicians writing themselves into the PSERs system.

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ScienceWasLove t1_ja4mld8 wrote

There is absolutely no model for “higher starting salaries”. Salaries are determined district by district.

Perhaps Pittsburg did raise staring salaries because of the pension change, I have no idea if that is true. However a higher stating salary (if true) and an 11 year salary schedule is attractive. But the Pittsburg district also has $5,000 sign on bonuses right now….

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ScienceWasLove t1_ja4m3or wrote

The 401k is the slight of hand part that attracts the bugs to the bug zapper. It sure does look attractive. Unless you are retired for 10+ years. A 7% market assumption was part of what created this problem.

Let us not forget that the politicians created this funding problem by decreasing state/employer contributions because of higher market returns. When the market tanked, and the employer/state contribution did not return to previous levels. They literally kicked the can down the road for a decade+.

At the very least, they could have returned the multiplier to 2.0, or left the multiplier at 2.0 w/ a target of 25 years.

I see Pittsburg SD is offering a $5,000 signing bonus w/ around 170+ vacancies.

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Annahsbananas t1_ja4fu3d wrote

You keep bringing that question up after literally every single person answered you.

There are programs out there if you need help (and stop telling people it's not you because the way you're posting it's definitely your electricity that's been turned off.

There are many agencies who can help you with your electrical bill. Seek them out. There's no shame asking for help

Edit: also I noticed you quit your job 2 weeks ago and tried to get ue benefits from quitting. That doesn't work either

You need a job to make money and you need money to pay your utilities

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