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Teacher Upset She Can't Retire at 47
Capitol Confidential ^ | 4/20/2012 | Tom Gantert

Posted on 04/26/2012 6:34:54 AM PDT by MichCapCon

Terri List says she would tell her students not to become a teacher in Michigan.

Why?

One of the reasons is because the Saginaw Township Community School District English teacher won’t be able to retire at age 47 as she has hoped.

List was highlighted by the Michigan Education Association as one of the critics of Senate Bill 1040, which would require public school employees to contribute at least 5 percent of their compensation to their retirement plan.

The MEA reported on its website: "Saginaw Township teacher Terry (sic) List had hoped to retire in the next three years when she was 47 years old. That wouldn’t be possible under SB 1040. List would have to work another 16 years to be eligible for health benefits."

“By the time I’m 60, I would have put in 43 years of service, earning a salary at the top of the pay scale. How does that save the district money? You could hire two people for the cost of one and encourage young people to join the profession. Right now, I would not recommend to my pupils to become a teacher in Michigan.”

List didn’t respond to an email seeking comment.

According to the school’s most recent teacher’s contract, List earns between $70,000 and $80,000 a year depending upon her level of education. Factor in expected pay raises over the next 15 years and it’s likely List would make more than $90,000 by the time she retires, said Michael Van Beek, education policy director at the Mackinac Center for Public Policy.

Van Beek estimated List’s pension would be $60,000 a year in retirement and it would increase 3 percent a year and she would get health benefits when she retired at age 60. Van Beek also said that it is likely that List bought “years of service” because she said she would have 43 years of service by age 60. Van Beek said that practice is basically extinct in the private sector.

Leon Drolet, chairman of the Michigan Taxpayers Alliance, called List’s comments “amazing.”

“Wow. They have reached the politicians’ level of entitlement,” Drolet said. “She thinks she is entitled to retire at 47? Holy smokes. I don’t know what more to say to that. A government employee thinking that 47 is a reasonable expectation to retire shows just how deep inside their own bubble they live, insulated from the real world.”

Charles Owens, president of the Michigan chapter of the National Federation of Independent Business, said tongue-in-cheek that List was “spot on” in her complaint.

“If you want to retire if you are 47, apparently teaching is not the place to go,” Owens said. “The least Terri could do is provide a list of places other people could go so they can retire when they are 47.”


TOPICS: Education
KEYWORDS: arth; school
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1 posted on 04/26/2012 6:34:58 AM PDT by MichCapCon
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To: MichCapCon

This is what happens when you don’t have a market setting prices. Government workers think they deserve to retire at 47. Or remember the one teacher who told Christie that she deserved to make $80K plus full benefits to work 8 months a year because of her “education.” It is a pure power grab by the unions and its paid for by the taxpayer serfs.


2 posted on 04/26/2012 6:39:14 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: MichCapCon

I am upset that I can’t have a pony.


3 posted on 04/26/2012 6:40:16 AM PDT by crusty old prospector
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To: MichCapCon
“By the time I’m 60, I would have put in 43 years of service, earning a salary at the top of the pay scale. How does that save the district money? You could hire two people for the cost of one.."

not really, since YOU will still be getting paid.
4 posted on 04/26/2012 6:44:14 AM PDT by absolootezer0 (2x divorced tattooed pierced harley hatin meghan mccain luvin' REAL beer drinkin' smoker ..what?)
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To: crusty old prospector
I am upset that I can’t have a pony.

I'm upset that I can't afford to buy more guns and ammo.
5 posted on 04/26/2012 6:44:30 AM PDT by ZX12R (FUBO GTFO 2012 !)
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To: MichCapCon

I take it she doesn’t teach math.


6 posted on 04/26/2012 6:47:02 AM PDT by NonValueAdded (Steyn: Obama sez: "Nice little Supreme Court you got here. Shame if anything were to happen to it.")
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To: MichCapCon

There is always the outside chance she will be hit by a truck before retirement.


7 posted on 04/26/2012 6:47:57 AM PDT by Mashood
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To: Mashood

Maybe she’ll get hit by a pony?


8 posted on 04/26/2012 6:53:38 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: MichCapCon

I suspect that she could retire when she wants but couldn’t collect benefits until she reach the age of 60. Of course this is just a guess on my part.


9 posted on 04/26/2012 6:53:51 AM PDT by KirbDog
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To: ZX12R

I’m ashamed that a single conservative family chooses to surrender their kids to these liberal indoctrination camps and that the worst of these brainwashing ACORN educators and their union representatives aren’t fighting illegal immigrants for a job picking lettuce.


10 posted on 04/26/2012 6:56:47 AM PDT by AnTiw1 (If the King is Corrupt, then let Your Revolution be Pure.)
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To: ZX12R

Do like I have done - stock up on .22’s.


11 posted on 04/26/2012 6:57:46 AM PDT by crusty old prospector
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To: NonValueAdded

This is public school so lack of ability to do math doesn’t mean you aren’t qualified to teach math.


12 posted on 04/26/2012 6:57:57 AM PDT by Conservative Actuary
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To: MichCapCon

Eliminate tenure.

Now.


13 posted on 04/26/2012 6:59:03 AM PDT by Cringing Negativism Network (Obama ate his own dog as a child in Indonesia??)
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To: MichCapCon
“If you want to retire if you are 47, apparently teaching is not the place to go,” Owens said. “The least Terri could do is provide a list of places other people could go so they can retire when they are 47.”

Not on this planet, pal. I past 47 in the last century. I became eligible for retirement several years ago, but with things the way they are, it's never going to happen. In my outfit, it's not uncommon these days to encounter people with over 40 years in the saddle, and no plans to retire. One guy has put in 60 years, and still works a full day with grim determination. Just. Grateful. To. Still. Have. A. Job.
14 posted on 04/26/2012 7:00:58 AM PDT by PowderMonkey (WILL WORK FOR AMMO)
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To: MichCapCon

Why do I get the feeling that she will spend the next 16 years making her students sorry that she wasn’t allowed to retire at 47?


15 posted on 04/26/2012 7:02:11 AM PDT by Dr. Sivana (There is no salvation in politics.)
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To: AnTiw1

I would probably be on death row if I had been a teacher.


16 posted on 04/26/2012 7:04:40 AM PDT by lonestar (It takes a village of idiots to elect a village idiot.)
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To: lonestar

I bet her students wish she had retired years ago. The self-absorbed, union, mercinary loser who talks of her “service” is quite the fool. i hope the school downsizes and fires her son. For the children, you know.


17 posted on 04/26/2012 7:08:50 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: lonestar

I bet her students wish she had retired years ago. The self-absorbed, union, mercinary loser who talks of her “service” is quite the fool. i hope the school downsizes and fires her soon. For the children, you know.


18 posted on 04/26/2012 7:09:03 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: hal ogen

Nothing wrong with wishing to retire at 47. I’m envious. My father retired from the military with 28 years service at the age of 44. I’m envious. I work to live... not live to work.


19 posted on 04/26/2012 7:09:03 AM PDT by Mashood
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To: MichCapCon

Where but the public sector can you retire at 60,000 per annum with guaranteed COLAs?

In the business world, you fund all (or 90% plus) of your own retirement. If you are lucky you can find an affordable COBRA plan (not likely). You get NO guaranteed anything. AND if you plan really well you may be able to retire when you are 60 or so more likely 66 or later.

I am so sick of teachers unions and their whining members I could scream....


20 posted on 04/26/2012 7:09:40 AM PDT by Nifster
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To: MichCapCon

So what’s stopping her? Or does she want the taxpayers to pay for it?


21 posted on 04/26/2012 7:10:36 AM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: NonValueAdded

Perfect. And the fact that the article lets this dolt get away with that ridiculous statement is indicative of just how doomed we are.


22 posted on 04/26/2012 7:13:25 AM PDT by Nifster
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To: absolootezer0

She started teaching at 17? 60 - 43 = 17. Is she an inner city math department head?


23 posted on 04/26/2012 7:18:38 AM PDT by King Moonracer (Bad lighting and cheap fabric, that's how you sell clothing.....)
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To: hal ogen

“Maybe she’ll get hit by a pony?”

Maybe she will be bitten by a pony.


24 posted on 04/26/2012 7:19:48 AM PDT by momtothree
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To: MichCapCon

“If you want to retire if you are 47, apparently teaching is not the place to go,” Owens said. “The least Terri could do is provide a list of places other people could go so they can retire when they are 47.”

Army, Air Force. Navy or Marines. Of course, we do have our standards...


25 posted on 04/26/2012 7:20:51 AM PDT by jagusafr ("Write in Palin and prepare for war...")
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To: momtothree
A moose pony once bit my sister.
26 posted on 04/26/2012 7:24:13 AM PDT by King Moonracer (Bad lighting and cheap fabric, that's how you sell clothing.....)
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To: MichCapCon
“Wow. They have reached the politicians’ level of entitlement,” Drolet said. “She thinks she is entitled to retire at 47?

I just love this comment.... politicians’ level of entitlement,”

So truthful...

27 posted on 04/26/2012 7:27:11 AM PDT by Popman (America is squandering its wealth on riotous living, war, and welfare.)
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To: momtothree

“Maybe she’ll get hit by a pony?”

Maybe she will be bitten by a pony.

Maybe she will be cr@pped on by a pony.


28 posted on 04/26/2012 7:28:48 AM PDT by Cyman
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To: MichCapCon

Poor poor terri. What a bleeding shame.

and for her 60,000 pension for the next 40 years or so a fund of about $1,500,000 would have to be set aside or the equivalent PV (sure she has no idea what that is) in taxes would have to be paid by people working to support her.

She has no idea what she costs. She sure isn’t worth much though.


29 posted on 04/26/2012 7:34:08 AM PDT by Sequoyah101
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To: MichCapCon
“If you want to retire if you are 47, apparently teaching is not the place to go,” Owens said. “The least Terri could do is provide a list of places other people could go so they can retire when they are 47.”

I think that means, "If you want to retire at 47, start a company that produces something people want and need and manage it well." The problem with that when applied to most of the active teachers (who all insist on being called "educators" for some reason) I know is that not a one of them is capable of starting and running a company or doing much of anything else.

Were it not for tenure, many of the "educators" I know would applying for unemployment benefits.

30 posted on 04/26/2012 7:37:22 AM PDT by MIchaelTArchangel (Romney ruined Massachusetts. Now he wants to ruin the nation.)
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To: jagusafr

There are a few other categories. US Foreign Service. Air traffic controllers.

I think that’s about it.


31 posted on 04/26/2012 7:39:24 AM PDT by Poundstone (A recent Federal retiree and proud of it!)
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To: jagusafr

Army, Air Force. Navy or Marines. Of course, we do have our standards
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
AMEN!!!!!
But, then again, some people are born to Biatch, others Biatch ALL the time, then you have a combination of both.

My ex wife (43 yrs) has run into a so called ‘problem’ that is made for and designed for people like her.

When going to grandkids baseball games the local area(s) allow Seniors in for free (only a $5 charge but still, free is free).
I normally (jokingly) make a statement like “You aren’t going to charge me are you?” get a laugh and an ‘OF Course not’ and I will quip back - “Well you are welcome for thanking me for my service” and go about my business.

The ex won’t ask or ‘remind’ them that she is pushing 70 - NO she doesn’t look anywhere near 60 - so she gets to gripe that she has to pay etc.

That said, IF ‘they’ were to ‘ASK’ her if she were a SR, the “Well, the nerve of them” comes rolling out.

SO, she has the perfect storm and a built in Biatch at least twice a week.

More than a few of the ‘ticket takers’ have told me that they are subject to ‘verbal abuse’ etc when they ‘assume’ one is a Senior so they tend to let the people inform her, no matter how ‘obvious’....

Oh, one of my responses when I have to point it out is
“You must be running for office to assume I am not 60”.


32 posted on 04/26/2012 7:40:35 AM PDT by xrmusn (#6/98# Let's start from scratch by voting ALL incumbents out.)
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To: MichCapCon
By the time I’m 60, I would have put in 43 years of service

She started teaching at age 17? Or maybe she started working for the school district at that age.

33 posted on 04/26/2012 7:42:17 AM PDT by Anitius Severinus Boethius
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To: momtothree

Maybe she’ll get kicked by a pony. I’ll volunteer.


34 posted on 04/26/2012 7:52:06 AM PDT by ponygirl (Be Breitbart.)
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To: PowderMonkey

Back when I worked in local city government, I had an employee that bragged about being able to retire at 50, with 30 years of service, and he had it all planned out. When his time got short he chose to call in sick 3 days week to burn that accrual bank down and did the same with his vacation bank, so he was generally only “at work” one day a week. This went on for about 4 months and because of the union there was no way to stop it. His days finally ended and he went “laughing” out the door at the rest of us poor working stiffs.
Then reality sat in. Although he was entitled to 60% of his highest 2 year average salary, he failed to understand that for every year prior to 65 they deduct 2% so his retirement went from $27K/year to $18,900. Plus since he also had no medical and he was about 5’5” 300lb with Type 1 diabetes and heart problems it cost him $1,500 month for insurance. So his net pension was $900/ year!
After about 2 years the department was hiring new staff he came in to me and asked if he could come back. I ran him out of my office and told him never darken my door again. Last I heard he is driving long haul trucks…


35 posted on 04/26/2012 7:58:31 AM PDT by shotgun
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To: xrmusn
Army, Air Force. Navy or Marines. Of course, we do have our standards

Can someone retired from the military explain how this works? How many active years do you need to give, before you can retire, and immediately begin receiving your military pension? I think the military has also shifted to more of a self-funded benefits, where the service member contributes a certain portion of their pay into a savings' program. Is that like a 401(k)?

I have a friend who retired from the Naval Reserves after 22 years, with 6 years active duty. I don't believe he can collect any pension until age 62. The amount is based on some formula of active and reserve years, and actual retirement age.

36 posted on 04/26/2012 7:59:21 AM PDT by Lou L (The Senate without a filibuster is just a 100-member version of the House.)
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To: Sequoyah101
a fund of about $1,500,000 would have to be set aside or the equivalent PV (sure she has no idea what that is) in taxes would have to be paid by people working to support her. She has no idea what she costs. She sure isn’t worth much though.

Might be worth it to buy her off and get her the hell out of teaching. Makes you wonder how much damage she does every day with the young skulls full of mush.
37 posted on 04/26/2012 8:00:05 AM PDT by BikerJoe
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To: MichCapCon

Retire at 47? Sure! Ms. List should move to Greece.


38 posted on 04/26/2012 8:05:32 AM PDT by upchuck (Need is not an acceptable lifestyle choice; dependent is not a career. ~ Dr. Tim Nerenz)
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To: crusty old prospector
I am upset that I can’t have a pony.

I am upset that a moose bit my sister.

39 posted on 04/26/2012 8:05:43 AM PDT by Night Hides Not (My dream ticket for 2012 is John Galt & Dagny Taggart!)
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To: Night Hides Not; King Moonracer

I am upset that I didn’t read the entire thread before posting.


40 posted on 04/26/2012 8:08:53 AM PDT by Night Hides Not (My dream ticket for 2012 is John Galt & Dagny Taggart!)
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To: MichCapCon

No one working for the government should be able to collect retirement untill they actually reach retirement. Even military, unless medical.

Sorry, but if you can worked, you should work. The idea of retirement was for financial security when your body couldn’t do that. retirement was supposed to last a couple years, not a couple decades.
The human body isn’t designed to retirement.

I know a man who retired from fire rescue as early as possible, who’s body went to crap. Her couldn’t walk far at all. I know another who waited until 84, and his mind was still in great shape, and body better than most 60 yo. Her only retired because of his wife.

I know which one I want to emulate.


41 posted on 04/26/2012 8:24:58 AM PDT by LevinFan
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To: LevinFan

“Sorry, but if you can worked, you should work.”

Unt you vil voork!


42 posted on 04/26/2012 8:34:25 AM PDT by Mashood
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To: Night Hides Not

THe concept of 1 calendar year not being equal to a service year is very foriegn to me. It should be foreign to this country. I’m wondering if they do the same thing with SSI. All refugees from favored hell-holes of the moment get 20 years of maximum payment history to SSI. Some pigs are more equal after all.

Funny thing is, whenever I hear two or more government trough pigs talking, invariably the subject of maximizing retirement benefits, and minimizing time on the job takes precedence. Why do they never complain about taxes, like all the private sector people? Not taxes, revenue in Government speak.


43 posted on 04/26/2012 8:47:07 AM PDT by King Moonracer (Bad lighting and cheap fabric, that's how you sell clothing.....)
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To: MichCapCon

If her deal sucks so bad, she ought to quit. Friggin’ ridiculous.


44 posted on 04/26/2012 8:56:08 AM PDT by NEMDF
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To: jagusafr

Also many fire and police department unions allow for retirement at 47 with some fine lifetime benefits.


45 posted on 04/26/2012 8:59:23 AM PDT by NEMDF
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To: BikerJoe

There is a better less expensive way in the long run... Home school.


46 posted on 04/26/2012 9:59:23 AM PDT by Sequoyah101
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To: Lou L

Can someone retired from the military explain how this works?


I didn’t retire from Military but I do know that when I went in in 1956 I could have retired in 1976 with a pension.
Sorry, don’t know what % you could get but it was a sliding scale up to 30 years ACTIVE - at least for enlisted.
Of course at that time I was making 75. per month, the maximum reenlistment bonus was $2,000 - that was ENTIRE amount, you got a portion each time you reenlisted and if you reached your cap at say 15 yrs, if you reenlisted at 18 yrs, there was no bonus left.

As to your friend, you said USNR, I am pretty sure the 20 yr retirement was for Active only - but I do think if you were a reserve on active and went Regular, you could get into the 20 yr ret system with prior active time retro.


47 posted on 04/26/2012 10:24:55 AM PDT by xrmusn (#6/98# Let's start from scratch by voting ALL incumbents out.)
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To: Lou L

For the military, basically if you’re on continuous active duty for 20 years, you can retire at the 20-year mark and get your full pension for the rest of your life.

There are a few federal civilian specialties that have a similar system. In the Foreign Service, for example, you can retire with a full pension if you have at least 20 years’ service and you’re age 50 or older. The FAA air traffic controllers have a similar arrangement. These specialized government jobs are a very tiny minority of the federal civil service. Civil service pensions only begin once you reach the minimum retirement age, which I believe is 62 (i.e., the age when you can begin to collect a reduced Social Security payment).


48 posted on 04/26/2012 11:32:26 AM PDT by Poundstone (A recent Federal retiree and proud of it!)
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To: MichCapCon

47 seriously? And only 30 years in at 60? She should try the real world! My hubby had 30 years in on the job at age in 2007 at the ripe old age of 49. Even though he is qualified with years in to retire he isn’t old enough and won’t be until he is at least 55 and he is not ready to retire then.Who in their right minds would want to lock in a fixed income right now with inflation setting in?


49 posted on 04/26/2012 12:26:28 PM PDT by chris_bdba
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To: MichCapCon
By the time I’m 60, I would have put in 43 years of service

She was a teacher at 17?
50 posted on 04/26/2012 3:02:14 PM PDT by Ellendra ("It's astounding how often people mistake their own stupidity for a lack of fairness." --Thunt)
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