WorldWatcher
Gold Member
Care to post the name of the school division in your location (which you say is "mid south") so we can look at the public records for the school system?
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If they can't, I sure can.
{More proof that pension costs are spiraling out of control: The number of retirees earning $100,000 or more from the California State Teachers’ Retirement System (CalSTRS) has increased dramatically since 2009, according to new data obtained by the nonprofit California Foundation for Fiscal Responsibility.
For those of you not familiar with the foundation, it’s one of the leading advocates for pension reform in California. On its website, the foundation publishes searchable databases of retirees earning $100,000 or more from a couple of state pension systems, including CalSTRS, the pension system for retired California teachers.
The foundation initially obtained the data for its “CalSTRS $100,000 pension club” database in May 2009. Back then there were 3,010 retirees earning $100,000 or more annually from CalSTRS. Earlier this month, the foundation obtained updated data from CalSTRS and the number has grown to 5,308 (5,309 if you count one woman earning $99,998.88).}
Number of $100,000 retirees skyrocket in teacher pension system - OC Watchdog - The Orange County Register
Thanks, but the posters location is listed as "mid south", being in Virginia myself I'm wondering where below the Mason-Dixon line over 1/2 of teachers are making over $100,000 in pay. In our district starting salary is $38,500 and the max is $61,000 with 34 or more years.
But thanks for pointing out Orange County California one of the most expensive places to live in California.
BTW there are about 310,000 teachers in California so if only about 5300 are earning $100,000 or more it no where near supports the claim that half the teachers are earning that much. That's actually only about 1.7%, not close to 50%.
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