The in box. “Governor Quinn. Leave the fictional 87-year old retirees alone.” « Fred Klonsky

15 Aug

Dear Governor Quinn,

I just saw you on the news using that word “reform” again. But what really got my attention was I heard you make the claim that a person who retired in 1990 with a pension of $60,000 would have a pension worth over $100,000 today. That’s a pretty sensational talking point you’ve got there! But just like your use of the word “reform” rings hollow, you might want to reexamine this talking point. Here’s why from a teacher’s perspective:

It is entirely probable that a teacher retired in 1990. I’m sure many did. These teachers certainly could have earned their full pension even as they retired in 1990. Although not all teacher retiring in 1990 earned their full pension, I’m sure many did. To earn a full pension, they probably started inspiring Illinois’ children in their classrooms beginning in 1955, or 35 years earlier. Of course these teachers would probably be around 87 years old now, if they are still fortunate enough have lived that long. More…

via The in box. “Governor Quinn. Leave the fictional 87-year old retirees alone.” « Fred Klonsky.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: