Below is the salary schedule for a teacher in North Carolina for the 2021-2022 school year.
Any teacher new to the profession in the last eight years would never be on the second schedule because newer teachers are not allowed a pay bump for graduate degrees. Notice how the salaries also plateau after year 15.
In essence, that second salary schedule would not exist for new teachers in the last few years.
There is no longevity pay included as it does not exist for teachers any longer.
Retirement is based on the average of four highest paid years of a teacher’s career. According to the 2021-2022 salary schedule, the most a teacher with a master’s degree and NBPTS certification could make (and be eligible for full pension with the correct number of years of service) is $58,240.
And as of 2021, new teachers are not even going to get retiree health benefits.
Now go back a few years before the Great Recession.
If you went back to the 2008-2009 salary schedule, a teacher with a master’s degree and NBPTS certification could make (and be eligible for full pension with the correct number of years of service) an average of $64,750. And all veteran teachers would have received longevity pay above and beyond what the salary schedule said.
Now imagine if that same schedule was in play for teachers today and adjusted for inflation.
Oh, and now new teachers will not be able to have retiree health benefits.
They are already cutting into retirement benefits.