re: OT - Grayson coach Jeff Herron leaving for SC high school

quote:

---

I know folks 52 years old who have retired.

---

If I were still at UGA, I would have done exactly this. May be back there before long, but have lost a few years.

quote:

---

In GA if you teach 30 years you can retire no matter what age. I know folks 52 years old who have retired. I can't believe the Teachers Retirement System funds will sustain that for the long term

---

Funny you mentioned that. Seems like the Teachers Retirement Fund is depending on the taxpayers.

State lawmakers are expected to put an additional $223 million this year into Georgia’s retirement system for teachers to keep it financially fit after the program had a poor year in the stock market in fiscal 2016, which ended June 30.
Legislators haven’t had the same worry about two better-funded pension systems: the ones for state lawmakers and judges.

The Atlanta Journal-Constitution reported this week that the state has subsidized the teacher and state employees’ retirement systems with about $900 million in extra funding since the Great Recession hammered the programs’ finances.