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Tuesday, June 22, 2010

NorthJersey.com: Number of retiring school workers nearly doubles

NorthJersey.com: Number of retiring school workers nearly doubles

Number of New Jersey school workers retiring this summer surges
Tuesday, June 22, 2010
LAST UPDATED: TUESDAY JUNE 22, 2010, 7:04 AM
THE RECORD
STAFF WRITER
Nearly 6,500 New Jersey school employees have filed for retirement so far this year — almost double that of all last year.
Most of the filings came in recent months, with 5,106 putting in their papers for retirement to take effect in July, a common time to retire.
Some teachers say they are retiring sooner than they wanted because of anxiety over possible changes in pension rules, severe budget cuts and a harsh climate for educators during the state's fiscal crisis.
Earlier this month, Christie administration officials said they temporarily delayed plans to push for money-saving reforms affecting current teachers' pensions and retirement medical benefits. Even so, some teachers want to leave while benefits