Quote:
Originally posted by gaijindabe
misinformation? Retirement today is a lump sum. Those benifits and pension ties are cut my man. Teachers laid off? How often do school districts merge of close down?? As for as new teachers - you will have to ask them. I did not make this up, and I have never read about it in the media. The new ones resent the low pay and they blame the old ones.
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My district handed out over 900 pink slips, because of budget shortfall. When it is all over probably 20 teachers will be let go.
Yes, they resent the low pay, just as I did. They blame the older ones for acquiescing to the low pay. So what's new here.
"If you qualify for early or normal retirement you may be eligible to continue medical during retirement. The coverage provided and the cost of the plan may be different than your active employee coverage." Retirement is still available, and it is not a lump sum, but a monthly amount with health benefits, but you will pay more for the medical benefits than when you worked.