Retired Teachers Bear The Brunt Of Inflation

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Inflation in the United States has hit its highest level in more than 40 years this month, and retired teachers are bearing the brunt of it. People who have retired from teaching are getting together to discuss their concerns, which range from the desire to ensure that the lights remain on to the worry that they may be injured in the future. “From last month to this month, the electricity bill has doubled. The water bill has doubled. Insurance has gone up. I was paying $188 and it’s now $240,” said Lydia Carrillo, a retired school teacher. After retiring from teaching in 2014, she was forced to take a part-time job before returning to full-time employment. She is now back in the workforce.

Those who resigned before 2004 are the only ones who are eligible to get a cost-of-living adjustment from the state’s teacher retirement system since it hasn’t made an adjustment for inflation since 2013.

Texas AFT member Carrillo is working with the state legislators to come up with a solution to this situation. “They do know the data. They have the statistics. It’s a matter of coming up with a formula that will help. When does that happen,” said Carrillo. This includes cafeteria staff and bus drivers who have retired, Carillo said.