Teacher Wage Theft
Diane Ravitch interrupted me to exclaim, “It’s plain THEFT!”
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Since I had been talking with her about some specifics of pension raids against both active and retired teachers, it was this straightforward focus that gave me assurance that we were all in this together.
“It’s plain THEFT!”
In state after state active teachers were being forced by legislatures to increase the amount of money teachers are paying from each paycheck into their pension systems. At the same time the same legislators were saying that pension systems cannot and will not exist in the future. Therefore, legislators are forcing teachers to “save” money while promising them they will never get it back later. This is plain WAGE THEFT.
In state after state dual systems or choice systems force teachers to pay into 401k programs approved by legislators. These 401k programs make upfront profits (fees, handling costs, service charges, or premiums paid for by the teacher and/or employer) from this mandatory savings system while openly stating that the 401k programs will Teacher Wage Theft | Reclaim Reform: