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Old 11-08-2018, 08:45 AM   #19
mcdude
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Quote:
Originally Posted by garysanfran View Post
If the teacher's pensions are ...Like those in CA (or MA), you're screwed.

As a retired Massachusetts educator I can tell you that you are incorrect. Mass teacher pensions are totally self-funded by teacher contributions from every pay check throughout their career. Not one cent of any teacher pension comes from your taxes. The Mass. Teacher Retirement System has nothing to do with the pensions of state workers.


Teachers "contribute" 9% of their income plus 2% on earnings over $30,000/year


" the Massachusetts Teachers’ Retirement System is the largest of the Commonwealth’s 104 contributory retirement systems."


https://mtrs.state.ma.us/about/
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