Quote by Chris Christie
A retired teacher paid $62,000 towards her pension and nothing, yes nothing, for full family medical, dental and vision coverage over her entire career. What will we pay her? $1.4 million in pension benefits and another $215,000 in health care benefit premiums over her lifetime.
Summary
This quote highlights the significant financial investment made by a retired teacher towards her pension and the lack of costs incurred for comprehensive healthcare coverage throughout her career. The statement then emphasizes the substantial amount that will be paid out to her in pension benefits, amounting to $1.4 million, along with an additional $215,000 for healthcare premiums over her lifetime. This serves to demonstrate the substantial financial support that is provided to retired educators and the long-term commitment required for pension and healthcare benefits.
Topics
Family
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