Retiring boomer professor says his life is too good

[Guest three3]

"After 34 years of teaching sociology at the University of Illinois at Chicago, I recently retired at age 64 at 80 percent of my pay for life. This calculation was based on a salary spiked by summer teaching, and since I no longer pay into the retirement fund, I now receive significantly more than when I “worked.” But that’s not all: There’s a generous health insurance plan, a guaranteed 3 percent annual cost of living increase, and a few other perquisites. Having overinvested in my retirement annuity, I received a fat refund and—when it rains, it pours—another for unused sick leave. I was also offered the opportunity to teach as an emeritus for three years, receiving $8,000 per course, double the pay for adjuncts, which works out to over $200 an hour. Another going-away present was summer pay, one ninth of my salary, with no teaching obligation..."

 

read more here: http://www.weeklystandard.com/articles/fat-city_567621.html

[dayman]

Protests against efforts to reform pay scales, teaching loads, and retirement benefits employ a “solidarity forever, the union makes us strong” rhetoric. What these professors and other government workers do not understand is that they are not demanding a share of the profits from the fat-cat bourgeoisie. They are squeezing taxpayers—for whom the professors purport to advocate—whose lives are in most cases far harsher than their own.

 

Check out this guys rate my professor ratings haha

 

http://www.ratemyprofessors.com/ShowRatings.jsp?tid=521448

Edited June 5, 2011 by dayman

[Guest three3]

Check out this guys rate my professor ratings haha

 

http://www.ratemyprofessors.com/ShowRatings.jsp?tid=521448

 

good find, dayman

[KD in CA]

And millions of idiots making $50k a year with no pension think this is an excellent use of taxpayer money.

 

Government employees getting richer and richer while our country drowns in debt and taxes keep going up. Awesome.

Edited June 5, 2011 by KD in CT

[BuffaloBill]

"After 34 years of teaching sociology at the University of Illinois at Chicago, I recently retired at age 64 at 80 percent of my pay for life. This calculation was based on a salary spiked by summer teaching, and since I no longer pay into the retirement fund, I now receive significantly more than when I “worked.” But that’s not all: There’s a generous health insurance plan, a guaranteed 3 percent annual cost of living increase, and a few other perquisites. Having overinvested in my retirement annuity, I received a fat refund and—when it rains, it pours—another for unused sick leave. I was also offered the opportunity to teach as an emeritus for three years, receiving $8,000 per course, double the pay for adjuncts, which works out to over $200 an hour. Another going-away present was summer pay, one ninth of my salary, with no teaching obligation..."

 

read more here: http://www.weeklystandard.com/articles/fat-city_567621.html

 

 

Unreal ..... And to think that tuition and it's associated debt is crushing many students.

[Mr_Blizzard]

Sounds like he is a pretty smart guy. Landed a cake job at the right time and has lived the life that many of us working stiffs can only dream about . . .