Retired teachers spur economic benefits while also donating time
Last updated 11/1/2023 at 2:15pm
What do retired teachers mean to Fallbrook? A lot. After years, sometimes decades, in the classroom giving back to their students, retired teachers continue to give back to local communities through their pocketbooks and their passion for volunteerism. The week of Nov. 5-11 is California’s 25th annual Retired Teachers Week.
According to figures from the California Retired Teachers Association, retired teachers statewide donated more than 1 million hours of volunteer service in the past year valued at more than $39 million. In addition to their donated time, retired teachers are part of the swell of economic benefits California receives from public pensioners as they spend their pension benefit checks.
In California, expenditures stemming from state and local pensions supported 381,038 jobs and $11.9 billion in federal, state and local tax revenues. In fact, each dollar paid out in pension benefits supported $4.59 in total economic activity in California.
Retired teachers will continue to give back both economically and through our volunteer service. We cared about our students and our communities while we worked as educators, and that caring doesn’t stop at retirement.
Calrta Division 81, the Avocado Division