Teacher tax

iVillage Member
Registered: 11-05-2006
Teacher tax
2
Sun, 04-17-2011 - 2:03pm
When I first heard those words to describe the increase contribution to my pension I thought really? I thought not a huge deal to contribute a little more to the pension system. BUT then I found out the state of Maryland is going to take the extra money we are going to be contributing now and putting it into general funds! It is a teacher tax! So now I have worked 3 years in a row at the same pay rate, looking at year number 4, my health care contributions have gone up and now so is my contribution to my pension, and instead of making the pension systems stronger it is going to general funds. Why do I work in a profession that is clearly not respected or valued by our society? I am sick of hearing how lazy and over paid I am. I am hard working and I am not going to say the pay is bad, but certainly it is not good and certainly I could be making a lot more money in other careers. I love kids! I love teaching! But everything else makes it so difficult.
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iVillage Member
Registered: 04-07-2002
In reply to: kca10904
Sun, 04-17-2011 - 3:23pm

Unbelievable.

iVillage Member
Registered: 12-04-2000
In reply to: kca10904
Mon, 04-18-2011 - 2:45pm

Not surprised! For years Indiana used the TRF as their savings account and

Sherry