Go to Michigan! The state wants you to retire. Save the state money and retire, so they can higher younger teachers at a lower cost.
The perceived benefits are:
- saving schools money,
- allowing younger teachers to be hired, and
- bringing into the state younger teachers with kids to boost enrollments.
While those who accept the retirement will receive a 1/3 bump in retirement pay, I think this is a fairly cynical policy decision. How much experience and expertise is lost? From bloggers around the nation, I hear that teacher shortages rather than surpluses are the norm, so is this sound policy? I also wonder about younger teachers putting families on their insurance. Will this deplete the coffers at the same or greater rate?
I tend to joke that I’ll die in the classroom one day (I hope the students notice unlike the poor “ditto king” in the movie Teachers), but I joke about it because I can’t imagine affording retirement the way the economy is going. Granted, I have quite a few years to go, but I still think forced retirements seem to suggest that certain people, based on age really, are less coveted and valuable.
What do you think? Would you take the deal? Is this good policy?