GAE Is Gonna Be Pissed

That’s an understatement.

State policymakers are considering a change in teacher retirement pay, shifting twice-a-year cost-of-living increases from a guarantee to something that would have to be voted on.

Retired educators now receive 1.5 percent increases automatically each January and July, according to the Teachers Retirement System of Georgia, which manages retirement funds for 75,000 retired members and 272,000 nonretired educators.

7 comments

  1. Harry says:

    The Teachers Retirement System of Georgia has $53 billion in assets, paid for by people who mostly don’t have retirement systems.

  2. Three Jack says:

    49th in sat scores

    1st in dropout rate

    and they want a raise? only government losers live in such a world.

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