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PACE Supports Retirement Portability for Teachers
posted by: Tim | May 23, 2014, 03:44 PM   

 

Currently, a sizable portion of a teacher’s compensation is contributed to the Public Employee’s Retirement Association (PERA). Teachers don’t have the option to direct these funds into a private account that they can take with them if they move to another state or if they leave teaching in the early years of their career. This puts many good teachers who plan to relocate or switch careers at some point at an extreme disadvantage.

“Public employee pensions were designed generations ago when relocating and changing careers was less frequent,” said PACE Policy Director Tim Farmer. “There are enough challenges to recruiting talented teachers; restricting retirement portability only discourages talented professionals from considering a career in teaching.”

As a member-driven organization, PACE urges policymakers to respond to this call for creating more job portability for the teaching profession.  Students deserve the best teachers possible.

Click here to view the full 2014 PACE Membership Survey.

 

The Professional Association of Colorado Educators (PACE) is the state’s largest non-union professional educator’s organization, advancing the profession by offering a modern approach to teacher representation and educational advocacy, as well as promoting professionalism, collaboration and excellence without a partisan agenda. PACE members are forward-thinking professionals who are committed to student-centered reform. PACE welcomes professionals from all educational entities. Membership is $15 per month, which includes $2 million professional liability insurance, employment rights coverage, professional development resources, as well as a host of other benefits. Visit Coloradoteachers.org for further information.

 

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