At a time when nearly 10% of American workers are unemployed, taxes are rising, families are tightening their belts, and the federal government has showered more than $100 billion in stimulus money on K-12 schools to avoid cuts, we are seeing a slew of newspaper articles about “double dipping” in education. Double dipping is the practice of “retiring” from an education job and then, because of loopholes in teacher pension plans, returning to work with full pay and full pension benefits. By doing so they can increase the money they take home by about 60% for doing the same job (it varies across state plans and individual circumstances). It’s a nice deal if you can get it.
A quick Google News search for double dipping teacher retirement yields the following 15 articles from 7 different states in the last month alone. Maybe after seeing their ranks decimated by layoffs and pay-cuts reporters aren’t as eager to promote the false grievance of the starving teacher.
This entry was posted on Tuesday, August 4th, 2009 at 7:17 am and is filed under teacher pay. You can follow any responses to this entry through the RSS 2.0 feed.
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