Longtime teachers’ pensions are well earned

2015-09-28T17:43:01-07:00September 28th, 2015|Categories: Defined Benefit Plans|Tags: |

After more than three decades in the educational system as a speech and language pathologist, Lisa Chattler is beginning to contemplate retirement from the Los Alamitos school district. Chattler, 61, expects to have a decent pension. It will come to about 90% of her final salary, which is in the range of $100,000, including a benefit bonus she earned by reaching the 30-year career threshold. On the other side of the ledger, she will have earned no Social Security [...]