{"id":1377,"date":"2019-10-03T11:00:45","date_gmt":"2019-10-03T18:00:45","guid":{"rendered":"https:\/\/sandiegonewsdesk.com\/?p=1377"},"modified":"2019-10-03T16:29:11","modified_gmt":"2019-10-03T23:29:11","slug":"democratic-corruption-has-seeped-into-teachers-unions","status":"publish","type":"post","link":"https:\/\/sandiegonewsdesk.com\/?p=1377","title":{"rendered":"Democratic Corruption has Seeped into Teachers&#8217; Unions"},"content":{"rendered":"<p><i><span style=\"font-weight: 400;\">Written by Diego Estrada<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">The incessant push for the unionizing schools is apparent when taking a look at <\/span><span style=\"font-weight: 400;\">the California State Teachers&#8217; Retirement System (CalSTRS). CalSTRS is desperately looking for new members in hopes of mending and healing its broken pension system.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The priorities of unions have drastically changed over the years from actually caring about and fighting for their members&#8217; needs to sucking resources out of the very people who build it up. This change comes from the terrible priorities of the unions themselves.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CalSTRS has released its <a href=\"https:\/\/www.calstrs.com\/sites\/main\/files\/file-attachments\/2018_db_valuation_report.pdf\">financial report<\/a> for the last year\u2014and they are abysmal. The 11th largest public pension system in the world currently penalizes its well-off members for the mistakes of its irresponsible ones. The CalSTRS fund ration is <\/span><i><span style=\"font-weight: 400;\">not<\/span><\/i><span style=\"font-weight: 400;\"> individually calculated, which means it doesn\u2019t calculate or differentiate between good behavior\u2014such as increased financial contributions\u2014and bad behavior. Thus, better fiscally-minded members are not rewarded with lower monthly payments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because of this, CalSTRS is currently $107 billion in debt and only 64 percent funded. How could they ease this economic scar? Get new members to pay them out!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The reports also show the treatment of new members in this grotesque contribution rate. CalSTRS has a 38.7% contribution rate that participants pay. Once factoring out state funds and payout withdraw, entering CalSTRS with a new set of employees, the employer will only have to come up with nine percent of the funding. <\/span><span style=\"font-weight: 400;\">Join as a new agency participant, however, and that price tag more than triples to 28 percent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The report shows how the system could have fixed this, as they have known since 2009 that they needed to raise rates. Nonetheless, CalSTRS continued to lag on this change to pander to the schools. Instead of attacking it at its source, they opted to delay the problem for teachers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The unions push for this system and attempt to lure charter schools in shows their perverse interests. They resort to corrupt behavior to save them from their own mistakes instead of caring for their members responsibly.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Written by Diego Estrada The incessant push for the unionizing schools is apparent when taking a look at the California State Teachers&#8217; Retirement System (CalSTRS). CalSTRS is desperately looking for new members in hopes of mending and healing its broken pension system.\u00a0 The priorities of unions have drastically changed over the years from actually caring&#8230;<\/p>\n","protected":false},"author":3,"featured_media":1476,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2],"tags":[],"class_list":["post-1377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Democratic Corruption has Seeped into Teachers&#039; Unions - San Diego News Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sandiegonewsdesk.com\/?p=1377\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Democratic Corruption has Seeped into Teachers&#039; Unions - San Diego News Desk\" \/>\n<meta property=\"og:description\" content=\"Written by Diego Estrada The incessant push for the unionizing schools is apparent when taking a look at the California State Teachers&#8217; Retirement System (CalSTRS). 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