Re:Illinois pension benefits have grown six times faster tha...
by rdtsc on Wednesday March 28, 2018 @11:08PM
(#16704234)
> Say what you will about the importance of teaching
Just curious, how does the teaching compare with other schools in other states. I've been saying for a while that teachers should have high salaries like that because for one it matches the rhetoric of "think of the children" / "children first", and that teaching should be a prestigious job in line with engineer, finance, doctor or lawyer. So here is a case were salaries seem to be in the ballpark of being "prestigious" would you say the quality of teaching and the environment in school is correspondingly better?
Re:Illinois pension benefits have grown six times faster tha...
by tptacek on Wednesday March 28, 2018 @11:49PM
(#16704375)
It's a good school, but it's inferior to the Jesuit college prep high school I went to (except for the facilities, which are far better) where the teachers made much less.
Re:Illinois pension benefits have grown six times faster tha...
by rhino369 on Wednesday March 28, 2018 @02:55PM
(#16700643)
They also get tenure (even in grade school). That sort of job security is worth a lot.
And they get 2 months of summer off.
Those aren't salary, but they are benefits that should be considered.
http://www.oprfhs.org/human-resources/documents/Over75KRepor...
At 50 names a page, you're on the bottom of the third page before you see the first person who isn't taking home six figures in base pay plus cash extra pay, before factoring in benefits.
These teachers are all part of the TRS pension plan and get lifetime pension at retirement. That's the jewel of the benefits package, but the rest of their benefits are pretty fucking excellent, too: cheap health insurance, huge numbers of vacation days.
Say what you will about the importance of teaching (and the fact that these comp numbers are perceived to flow right back into property values), these are not standard deals in the private market. They are, from the day you start your job to the day you retire, superior to the deal most private sector workers get.