Teachers and legislators: Molly Ganz does the math and exposes the politicians

From Molly Ganz, March 14, 2011

Politicians picked this fight with teachers and other public workers - the hypocrites! It's never been about the budget.

An Ohio Legislator earns 1.35 years of service credit per year (and for only about 60 days of work). This means that legislators earn a 30 year pension, at any age, after just 22.22 years of service. This is outrageous!

Ohio legislators receive FULL retirement pension for only 1,380 days in 22.22 years

But teachers' retirement pension is earned after the minimum 5,550 days in 30 years.

But legislators are saying that collective bargaining has killed the budget. Pants on fire!

Cumulative credit table:

...............................................................................