Howard County Blog

A Blog on what is going on in Howard County

Sunday, March 05, 2006

Maryland's Teachers Pension Crisis

Maryland's Teachers Pensions are the lowest in the nation. That's right they are behind Missippi, Alabama, Arkansas. The current pension is 38% of average final salary minus state taxes. A retired school employee in Pennsylvania's pension benefits are 75% of their average final salary and are state tax-free. A friend of mine who is a teacher wrote me in an email tonight:

For an Educational Service Provider (ESP), that's about $9,000 per year. For a teacher with 30 years experience, that's about $23,000.

That is pathetic. If we want to get quality people to provide America's future a quality education then we need to give them a pension they can live on in retirement.

We can each do something very important to end Maryland's worst in the nation status and provide our hard working teachers a pension that can support them after the long hours they put in so current students have the skills they need in life. To make a difference go use this tool the MSTA has set up to make it easy for you to send a letter to your state legislators to encourage them to vote to fix the pension system.

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