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Clarence Feinour's avatar

It's nice to see Haller speaking there and commenting on the Millions that will be saved in the coming years. However, I wouldn't expect to see our school taxes drop as what saving there will be will only go toward higher Teachers' salaries and Pensions. Unless they can disconnect Salaries from increases in the hefty Pension payouts, not much will really change. Consider a teacher with 30 years' service can retire at 55/60 years and collect a pension that currently amounts to $60K or more per year. With each wage increase the pension payout to future retirees will only be higher. Retire after 30 years and live another 25 to 30 years collecting a pension that most can only dream of having.

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