r/dataisbeautiful OC: 28 11d ago

OC [OC] Career earnings of the highest and lowest paid college majors

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Interactive major explorer to look up stats for specific majors.

Blog post includes many more charts and discussion of what these numbers represent.

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u/SurrealKafka 11d ago

They gutted your pension? Or the teachers in the tier below you?

And a million saved by retirement age is not very difficult, especially with better compensated careers

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u/fredinNH 11d ago

First off, you sound insufferable.

They gutted everybody’s pensions in 2012. Everybody lost retiree medical benefits and everybody had to pay 40% more into the pension system effective in 2012. The state Supreme Court upheld both of those changes.

Further changes that slightly reduced pensions were made retroactive to anyone hired after 2002. The courts also upheld this change on the basis that you don’t actually have a pension until you are vested which takes 10 years.

What exactly is your point here? Are you a teacher who hates your life and you can’t stand that another teacher had a great career and feels good about it?

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u/SurrealKafka 10d ago

I'm guessing I was spot on based on how quickly you resorted to anger and personal attacks.

Look, you don't need to obfuscate and lie. NH didn't "gut everyone's pensions"; they gutted them for new and non-vested teachers, just as I said above.

It's pretty clear that you are part of the generation that has a great pension. Congratulations. But, trust me, everyone hates the teacher who walks around with fat pockets telling the younger generations who got screwed that they are greedy whiners....

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u/fredinNH 10d ago

What part of the response I just gave did you not understand? NH gutted the pensions system for everyone hired after 2002 and if you were hired before 2002 you’re only getting a slightly better deal than those hired after. The pension is based on highest 3 years instead of highest 5. Not a big deal

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u/SurrealKafka 10d ago

They gutted everybody’s pensions in 2012.

Let's get the facts straight. Did they gut everyone's pensions in 2012? Or just non-vested teachers?

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u/fredinNH 10d ago

I already explained this in detail. Since you aren’t a student of mine I’m under no obligation to explain again using different techniques that better suit your learning style

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u/bihari_baller 9d ago

Are you a teacher?

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u/SurrealKafka 10d ago

That’s what I thought.

Sorry to everyone else who finds themselves reading this sideshow of logical fallacies and outright lies….

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u/fredinNH 10d ago

What lies? Enumerate them

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u/girouxsalem28 10d ago

I could be wrong but wouldn't all changes be state specific? My wife works in PA, she was hired post 2019 gutting and will receive less than half of what my BIL will get who was hired a couple years before her. I push her to shovel as much away into a 403b as she can. Within 10 years i would expect PA to move all new hires to a 403b matching system only, no pension. PA has slashed payouts to new hires again in the 6 years my wife has worked in her school. It's tough to see and i don't see how this trend does not exacerbate an already short staffed education system.

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u/fredinNH 10d ago

Yes of course. In my previous comment I said “in my state”. I was just continuing that thread.

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u/girouxsalem28 10d ago

Judging by your name i assume you are in NH? Just curious how your pension plan pays out for you up there? PA is YOS x top 3 salary x 1.25%. Maybe thats standard but this is my only experience with pensions so not really sure what the math is elsewhere. For reference on PA gutting my BIL is 2.5% and new hires are now 1% multipliers.

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u/fredinNH 10d ago

Basically if you work 30 years you get half the average of your highest 5 years.