My advice for anyone waiting for a retirement incentive is not to hold their breathe. My unscientific instinct tells me Bloomberg and Klein believe, by announcing a zero percent raise, there will be no financial reason for old timers like me to stay on and we will leave now, freeing up the city from paying our enormous, fat cat salaries.
Well, I can't speak for others but I can speak for myself. As much as I am not ready to leave, the incentive would have forced my hand. Losing three years credit would just be plain stupid and, while I am not the sharpest knife in the drawer, I am not stupid. Staying on doesn't get me anything extra, but staying isn't costing me anything. I can keep feeding my weak self esteem another year without the guilt of the money I am giving up.
If you are ready to go, do it, but don't get your hopes up about Bloomberg giving us some big bonus to leave. Those things only go to the big fat cats in private industry.
2 comments:
The NYS has already given incentives, but that benefits the Long Island teachers, not us.
Tier 1 and 2 already have the 2-year extra incentive. But for those that are close to retirement years and age, something should be offered because I still believe Klein will find a way to excess senior teachers under the new evaluation system, and the UFT will be hiding behind his coattails helping him do it.
If teachers agree to the 0 raises, they will agree to anything.
The city was flush with money under Giuliani back in the mid-1990's. Our "U"FT got us 2 years with 0% raises. Thanks for nothing except racketeering, "U"FT!! That memory leads me to believe that you are absolutely right. Now I'm inspired to be expensive help....Thanks for the inspiration rather than the incentive, little Mr. B.!!!
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