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re: Teachers in Ohio’s largest school district go on strike 2 days before start of classes

Posted on 8/22/22 at 5:34 pm to
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
29008 posts
Posted on 8/22/22 at 5:34 pm to
quote:

I think most folks would be pissed off if a few years from retirement you were told oops we changed the rules and your benefits.


as opposed to the private sector, where your 401k can determine whether or not you can retire on a given year?
Posted by Cymry Teigr
Member since Sep 2012
2106 posts
Posted on 8/22/22 at 10:36 pm to
quote:

as opposed to the private sector, where your 401k can determine whether or not you can retire on a given year?


I rarely take the side of teachers, but messing around retroactively with a person’s retirement plan is imho pretty low. Imagine if in the private sector an employee was told a few years before retirement that all prior employers had retroactively decided to revise their vesting rules on employer or matching contributions to your 401k and your financial status changed completely.
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