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Local Politics - Pension Debt
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Quote:Teachers currently get an option to take a pension or investment plan. The investment plan is like a 401k. You vest in the investment plan after 1 year, but the pension plan takes 6. Duval really touts the advantages of the investment plan and most new teachers,to my knowledge, choose it. I think this is a bridge to eliminating pensions all together for teachers. That's a good thing. The next step in my opinion is to eliminate the pension option altogether. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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