Now, nearly every teacher's final three years are their peak earning times, because they moved up each year on the salary guides negotiated in their contracts. EXCEPT...‘Final Average Salary’ means the average salaryfor the 36 months (30 months for employees with 10month contracts) immediately preceding your retirement.If your last three years are not your highestyears of salary, your allowance will be calculatedusing your three highest fiscal years (July - June) ofsalary.
When you take a pay freeze, and start paying 1.5% for your health benefits; then your salary goes down. Which means the pension you will have for the rest of your life will go down as well.
Which is exactly what Chris Christie wants. A permanent cut in retiring teachers' pensions.
Say it again: "It's not a freeze, it's a cut!"