20,000 Illinois university workers have chosen 401K-style retirement plans over a state pension – Wirepoints joins Busboom and Wolfe on WZUS Decatur Radio

Wirepoints President Ted Dabrowski joins Scott Busboom and Doug Wolfe on WZUS Decatur Radio. They discussed double-dipping in Illinois for retired government workers and possible solutions to Illinois’ pension crisis. The segment starts at 153:00.

Wirepoints piece:

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PJB
2 years ago

Wish this were true in K-12 in Illinois. Teachers start and they don’t leave.

James
2 years ago
Reply to  PJB

Your 2nd sentence is confusing in that nationwide roughly 40-50% of teachers depending upon the region resign within their first six years of employment. You might well live where the retention rate is better, of course.

nixit
2 years ago
Reply to  James

The quit rate for those working for state and local education in government (ie public schools), as measured by the USDOL, was 0.4% in June 2021. It was the lowest rate of any industry in the USA. That rate was 3-15x lower than any other industry. In fact, look up this rate at any point since the USDOL began tracking these numbers and you’ll find that Education consistently ranks at or near the bottom of all the professions for those quitting. Go ahead, I’ll wait. Teachers leaving to pursue other opportunities is not some alien phenomenon. I changed my profession… Read more »

NoHope4Illinois
2 years ago
Reply to  nixit

I know several teachers who quit because they were embarrassed – so many of their peers where effectively incompetent ( all public). One became a postman and was very happy for it – not having to work with pompous fools was worth it to him.

Last edited 2 years ago by NoHope4Illinois
James
2 years ago

You’ve given a piece of anecdotal evidence true in one case but only presumed true in a much larger sense. Not necessarily a credible assumption to make really.

Doneall Hammond
2 years ago

Although no credible data purports levels of incompetence for teachers, your statement has merit. I had an Interdisciplinary degree and worked years within the Social Service’s . Many incompetent college graduates chose social services given its low entry intelligence bar . Same goes for teachers. The diligent ones continue studies ( personal, seminars, etc. ) to enhance their intellectual prowess to better serve.

James
2 years ago
Reply to  nixit

Well, its new to me since that’s not generally been the case over a long time period previously. Maybe the last couple of years were an exception because of COVID.

nixit
2 years ago
Reply to  James

The quit rates from 2020,2010,2000,1990… will tell you the same thing: Not only do public sector educators rarely quit their school district, but they rarely leave the profession. Might more teachers be considering leaving than in decades past? Probably, but that is to be expected as the number of teachers has greatly increased in that timeframe as well. There’s a lot of misinformation out there regarding teacher shortages, mass exodus out of the profession, etc. Are there some teacher shortages, such as STEM teachers in rural districts? Of course, but those shortages exist in all sectors and are amplified in… Read more »

James
2 years ago
Reply to  nixit

Well, I have to say this is all a revelation to me and counter generaizations about the topic of teachers leaving their first teaching job over a long time. But, I believe you were quoting overall percentages of teachers leaving rather than just those leaving from their first (and maybe only in most cases) teaching job. I think its generally a good assumnpption that most surviving their first half-dozen years will be teachers eventually eligible for a pension, If that’s the case it would largely mask the numbers of teachers quitting early even though that might well be a somewhat… Read more »

nixit
2 years ago
Reply to  James

Because “teacher shortage” gets more clicks and feeds into existing folklore while journalists would rather lean on anecdotal information and Randi Weingarten soundbites than do the research themselves. “Farmville can’t find AP Chemistry teacher” makes for a juicier headline than “50 teachers apply for single English teacher position in River Forest”. I agree that most of that small percentage of teachers quitting is probably comprised of newer teachers, but it doesn’t change the fact those newer teachers are being replaced at as fast a rate as they are leaving (USDOL similarly report on hires). Again, there will always be skillset… Read more »

Last edited 2 years ago by nixit
James
2 years ago
Reply to  nixit

Oh, be frugal with your use of the phrase “skill set” here since nearly almost none think that term can even be applied to teachers. Their skill set, if there is one at all, is that of the slothful grifter most will retort.

Doneall Hammond
2 years ago
Reply to  PJB

I believe that many teachers may not leave their profession, nonetheless, they resign school districts in greater porporttion to work in better and safer districts. Chicago urban ( and a myriad of mid to large US cities ) core may have a higher side of teacher’s resigning to find work in better teaching climates.

nixit
2 years ago

Portability. It’s much harder to get tenure these days, which means a lot of hopping from university to university. Best to have a retirement you can take with you.

Willowglen
2 years ago
Reply to  nixit

Yes nixit – this is the reason

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