Then don't hire any police. People aren't going to go to be a cop without a pension. Serve and protect with no retirement. Its a burnout job that needs good people to work. And good people need to be compensated fairly.
11% of black students in Chicago can read while teachers make $100,000
- Thread starter 1srelluc
- Start date
Jarlaxle
Gold Member
This is called a false binary. It is, of course, dishonest.
Dorian Mode
Active Member
- Apr 19, 2025
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To me it seems the democratic party just loves to reward failure. If they can get that statistic down to just 5% who can read at grade level the teachers get a 500K bonus.
leftwinger
Diamond Member
WorldWatcher
Platinum Member
Somehow I think this is hyperbole. Now tell us how salaried employees “spike” their income?
Secondly I totally disagree with overtime spikes going toward state pensions.
I’m in Virginia, I’m retiring this year with 24 years at age 65 and my state pension (that I’ve paid into) is about 34% of my average high 3 years.
WW
Jarlaxle
Gold Member
If anything, it minimizes the problem. It's been a thing for DECADES. Heck, some state employees in Massachusetts could "retire" in their 40s!
Zincwarrior
Diamond Member
LOL.....They might have better luck shifting some pay from the teachers to the students.
Talk about a total cluster f**k......FUBAR teacher union culture collides with FUBAR black culture.
That said, how many here would willingly subject themselves to Chicago school students for $100k?
-now it doesn't sound like quite so much, does it?
Don't blame the teachers. Blame the bloated admin.
Dorian Mode
Active Member
- Apr 19, 2025
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That bloated admin has a corrupt system that has almost zero accountability. I think a lot of it is because of their fierce loyalty to the democratic party. It doesn't matter that the students can't read and do math at grade level, it only matters that the teachers vote democrat and indoctrinate their students to only vote democrat. And become transgender. And hate Trump. And the taxpayer money flows with no hindrances whatsoever.
WorldWatcher
Platinum Member
I retired from the Navy in my 30's.
Do you really want a 67 year old firefighter trying to save your daughter from the buring house?
And just to be clear, I'll boldly say that those "retiring" in their 40's are doing so at reduced benefits. Most states are going to be similar to Virginia. Put another way, the younger the individual, the fewer years of service, and therefore the retirement is smaller. There may be determination of the "pay rate" which is a base - it may be highest earnings or average of 3 years, etc. - then for each year of service there is a multiplier. Here it's a cumulative percentage which increases by 1.7% per year (I'm on the old plan).
So 24 years equals 40.8. So if my 3 year average is $75,000, then retirement pay is $30,600. After 30 years for the same income average the pension is $38,250 or 51%.
I said I retired from the Navy in my 30's, that was a 50% of base pay. If I'd stayed to 30 years (retiring in my late 40's) retirement would have been 75% of base pay.
WW
Jarlaxle
Gold Member
Not firefighters. MBTA bus drivers!
Highest 3 years, could retire with a full pension (regardless of age) after 23 years.
It's not sustainable.
Unkotare
Diamond Member
- Aug 16, 2011
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Almost as dangerous!
Jarlaxle
Gold Member
Sit down, the adults are talking here.
Unkotare
Diamond Member
- Aug 16, 2011
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Do they know you're eavesdropping?
WorldWatcher
Platinum Member
Could you link to the pension plan you speak of. Let's take a look at the specifics.
I can retire with 24 years with full pension, equal to 40% of high three. I can retire at 30 years with a full pension of 51%. "Full Pension" is a qualitative term not a quantitative term. In the Navy I retired with a full pension for someone with 20 years (50% of base pay) and I could have stayed for a full pension at 30 years (75% of base pay).
Let's see the pension program and determine if pension increases with time in service.
Of course it is. The key to Defined Benefits pensions is ensuring the future costs are paid over the employees employment cycle.
Here in Virginia I'm paying 5% toward our pension fund and my employer it paying 15%. It goes to a seperate Pension Fund (Virginia Retirement System) which then invests the money to pay future benefits.
The historical problem with Defined Benefits plans typically are caused by two proglems: (A) not properly funding promised benefits on the front end, (B) the employing organizatgion also being the "fund managers" [which is a receipe for disaster].
WW
WorldWatcher
Platinum Member
Is this the MBTA Pension you are talking about?
Looks like Group A people have to be 55 and have 20 years of service. They then get reduced benefits. "A Early Reduced Retirement is available if a Member is age 55 or over andhas at least 20 years of creditable service; however, this retirementallowance will be reduced by ½ of 1% for each month between the ageat retirement and age 65."
Then the calcuation of benefits is calculated by as on years of service multiplier. The more years, the higher the muliplier. (In other words those retiring earlier, have few years, therefore a small pension benefit.
This is what I meant when I said "full retirement" is a qualitative term. The plan you mention has years of service multipliers.
WW
- Mar 11, 2015
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But Chicago is majority white, and that means the students are also majority white. Why use Chicago for an example instead of rural Appalachia?
The reading score of an average third grade rural student in the united states is 122 points on a scale ranging from 0 to 212. This score is nearly eight points, or roughly one-third of a standard deviation, lower than the score of an average suburban student. The average urban student’s score (124) is similar to rural students and six points lower than the suburban student average.
The reading score of an average third grade rural student in the united states is 122 points on a scale ranging from 0 to 212. This score is nearly eight points, or roughly one-third of a standard deviation, lower than the score of an average suburban student. The average urban student’s score (124) is similar to rural students and six points lower than the suburban student average.
leftwinger
Diamond Member
Easy. OT. Saved PTO. Bonus' A janitor for BART made $250K basically living in a closet on OT too. Nobody cares. Nobody cared to catch it. I lived there and heard or read all this BS. $400K bureaucrats thick as thieves in CA colleges. High pension in CA nearly $400K.
Again, millions of State 50 yr olds retired on th golf course.
I'm not looking it up *again or reposting links as you people just call it BS. Game on.
Pension is based/ figured on 98% last 3 yrs income level avg. Not paid at 98%? And yes.. .they pension spike. Think I made up the term? It's common knowledge. Or did? Maybe they found Jesus and stopped it? Need 20 yrs and you can get out?
Last edited:
WorldWatcher
Platinum Member
Ya, just what I thought.
People typically cherry pick rare stories and broad brush a whole system.
Now you can start posting the "one offs" to try to prove your point.
And as I already said, OT only applies to hourly EEs, not FLSA excempt (salaried) and OT should not be part of a retirement calculation. And most places aren't going going to allow someone to clock 20-40 hours of overtime for 3-years.
WW
How Will You Stack Up Against Other CalPERS Retirees? - CalPERS PERSpective
We've got the skinny on CalPERS retirees, including average monthly pension payments, years worked, the average retirement age, and the top five states members reside once they're living the retired life.
news.calpers.ca.gov
leftwinger
Diamond Member
View attachment 1110173
Ya, just what I thought.
People typically cherry pick rare stories and broad brush a whole system.
Now you can start posting the "one offs" to try to prove your point.
And as I already said, OT only applies to hourly EEs, not FLSA excempt (salaried) and OT should not be part of a retirement calculation. And most places aren't going going to allow someone to clock 20-40 hours of overtime for 3-years.
WW
How Will You Stack Up Against Other CalPERS Retirees? - CalPERS PERSpective
We've got the skinny on CalPERS retirees, including average monthly pension payments, years worked, the average retirement age, and the top five states members reside once they're living the retired life.
As many hourly as possible pension spike. Supervisors don't discourage it. Are you crazy? They promote it. Its a perk they celebrate it!
Selling back 250-1500 hours, saving up ten years worth at 6weeks per year PTO, bonuses included, OT "worked" 80 hour weeks for fireman. It's a racket. It's not one guy in CA. Millions in CA are on $10K/mo pensions. Hourly and Salaried. That is $120K. This is not one 70yr old guy trying to up his way our. This is 50 yr olds in prime shape. Plus medical.
The other trick is back on as consultant at $75-$100 per hour. Yet you scoff. There has been huge write-ups. Public outrage.
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