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Oakland Teacher Predicts ‘Civil Unrest’ Over California Gov. Brown’s Meager Pension Reform

wtf2 Wrote: Sep 14, 2012 7:29 AM
Wait, purchasing additional service credit time? Did I read that correctly??
dahni Wrote: Sep 14, 2012 12:46 PM
Yes you did! Just add more $$$ each month to the retirement account and it adds up to more money on retirement. I think it's true that a CA teacher with say 5 years experience can go teach in another state such as Utah for 15 years; then return to CA and buy up the 15 years in CA by putting up the same amount of money they would have been responsible for if they had stayed in CA. They also get the same retirement benefits as a teacher with 20 years in CA.
California Gov. Jerry Brown signed a pension reform bill Wednesday which, among other things, increases the retirement age for future public employees, limits post-retirement employment for all employees and ends the purchasing of additional service credit time for all employees, according to California Federation of Teachers Legislative Representative Dolores Sanchez.

The changes are probably necessary, given the fact that the state’s pension system is on the brink of insolvency. But the reforms are not sitting well with union activists.

Oakland teacher Ana Turetsky predicts “civil unrest” lies ahead, due to the pension changes: