Age, service years required for school pension
To retire with full pension benefits, state law requires school employees to meet stipulations for age and years of service.
Employees who qualified as members of the Pennsylvania School Employees Retirement System before July 2011 must be age 62 with at least one year of service; age 60 with 30 years of service; or any age with at least 35 years of service, said Evelyn Tatkovski, spokeswoman for the pension system known as PSERS.
Employees contribute an average of 7.43 percent of their salaries to the pensions. Employing school districts contribute 12.36 percent of the employees' salaries; the state reimburses districts half of that money.
Superintendent pensions, most of which are calculated by multiplying the average of the employee's three highest years of pay by 2.5, can be lucrative compared to the average school employee pension in Pennsylvania, experts said.
Of 202,015 retirees in the PSERS system, which includes teachers and other public school employees, 466 have annual pensions of more than $100,000 and 2,287 have pensions between $75,000 and $100,000,Tatkovski said. The average annual PSERS pension benefit is $24,122, she said.
Former Peters Township School District Superintendent Diane Kirk, who retired in 2006, receives $113,480 in pension payouts annually for her 35 years of public school system service.
Former Shaler Area School District Superintendent Donald Lee, who retired in 2011, receives $138,493 in annual pension payouts for 42 years of service.
— Tory N. Parrish
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Wal-Mart plan ignites election in McCandless
- Cabbage contest engages Western Pa. 3rd-graders in gardening
- Mt. Lebanon wants to update master plan for Uptown district
- Dormont Council points to ex-manager for deficit
- Bethel Park voters get chance to change charter
- Moon Area aims to ease parents’ transportation worries
- Young Achiever: Kelli Lucas