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RE: Unacceptable Change

in LeoFinance7 days ago

unemployment in Finland is sitting at around nine percent and a lot of those are highly educated, so there is a line of people ready and waiting.

Oooooof, that sounds like a very challenging labor market. No wonder people are staying loyal in jobs that no longer serve them as well as when they were younger.

If I were to go back, all the latest changes would be acceptable to me

This is exactly how I felt about getting back into the classroom as a teacher. I would not just teach anywhere, but as a math teacher I was able to be more selective with which schools I interviewed at. I feel fortunate that I was able to avoid teaching in public school and instead choose a charter school with better culture and a higher salary. I don't have much faith in public pensions 30 years from now and I don't want to be tied down to working in a single district to be eligible for a 20+ year pension.

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and I don't want to be tied down to working in a single district to be eligible for a 20+ year pension.

What! So you have to work in the same area for a full pension? It doesn't accrue wherever you are?

It is challenging here at the moment. But maybe in a few months it will be better. Here's hoping.

So you have to work in the same area for a full pension?

Most teaching jobs are run by the Dept of Education for the respective city and the pensions are paid out by the city. So years accrued in one city do not transfer over to another city unless there is a mechanic for that city to be able to "buy" those years of service based on what you earned there. It is a mess for sure. By isolating the pensions to cities, rather than states or countries, people are tied to those jobs. It is quite unfortunate.

If you have a state job or a federal job, then you would receive a pension from that state or country instead. Such a mess!