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55-25 and my 40th Birthday

The 55-25 retirement option

In my third year of teaching when I was 24 years old, there was an option to sign up for “55-25.”  “55-25” was an early retirement option for educators, which meant that once you turned 55 and had been teaching in the system for 25 years, you could retire early and receive 50% of your average salary. 613 more words

NYC Educators

CEA to Legislators: Yes, It Is a Teacher Tax

CEA President Sheila Cohen today sent a letter to legislators explaining why teachers oppose the teacher payroll tax in the latest budget proposal.

Some legislators have been telling teachers the increased pension contribution is not a tax. 532 more words

Education News

Raise Property Taxes? Coalition, Voters Say 'No'

Speaking out at a town hall press conference in West Hartford—which faces historic property tax hikes to cover a major shortfall in state funding—a statewide coalition of eight diverse associations, including CEA, called on legislators to avoid shifting the state’s financial obligations onto cities and towns. 1,084 more words

Education News