Then read a statement from CEA President Sheila Cohen and watch why your colleagues say the teacher tax is unfair.
STATEMENT FROM CEA PRESIDENT SHEILA COHEN ON TEACHER TAX
Teachers stand together, unequivocally opposed to a teacher tax. It will not help balance the state budget and can and must be eliminated.
Over the years, the state has not fully funded or paid its share of the teacher retirement plan— which, at 4.56%, is less than what teachers have contributed for decades. It is unfair to punish teachers with an increase in the payroll tax to pay a portion of the state’s share.
Some legislators are saying the increase in the teacher retirement payroll tax is not a tax increase. Of course it is a tax increase! Teachers should not be punished for the state’s mistakes.
Teachers do not receive Social Security and are dependent on their retirement fund. Legislators must keep their promise to teachers, who have fully funded their fair share of teacher retirement for decades.