STACK REINTRODUCES BILL OFFERING “30 AND OUT” RETIREMENT OPTION TO VETERAN TEACHERS AND STATE EMPLOYEES

Harrisburg, February 26, 2003 – State Sen. Mike Stack said today he will reintroduce legislation that would enable teachers and state employees to retire after 30 years of service, regardless of their age.

 

“I am reintroducing a long-overdue measure that would benefit dedicated teaching professionals, public servants, and the taxpaying public,” Stack said today.

 

Current law requires that a teacher or public employee with 30 years of service must be at least 60 years old to qualify for maximum benefits.  Those who retire before age 60 are penalized with a smaller benefit.

 

“Teachers and other public employees who serve long, distinguished careers should be rewarded for their hard work,” Stack said.  “Three decades of service clearly reflects a genuine dedication to our children, schools, and Commonwealth.  The time has come to recognize these professionals for the value of time they have served instead of penalizing them because of what year they were born.”

 

Stack added that Senate Bill 359, which has 13 co-sponsors, would also benefit school districts, government entities, and taxpayers. 

 

“As veteran teachers and public workers retire, they are replaced with younger employees at lower salaries,” he said.  “This translates to lower costs for the employers, and relief for citizens whose taxes support schools and government operations.” 

 

“Loosening retirement restrictions offers the additional benefit of opening doors of opportunity for younger Pennsylvanians who are embarking on careers in teaching and public service.”

 

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Offices of State Senator Mike Stack
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