Teachers Qualify for Pensions at 58 and 60; and They Still Want to Eliminate Pension Funds.

Teachers want it all. President Claudia Sheinbaum, through negotiations, was able to offer them a 10% salary increase, not inconsiderable given inflation at 3.9 percent. It wasn't enough. Teachers want much more. They want a new pension system. In response, the President, once again, negotiated and stretched the financial envelope as much as possible: she offered them a freeze on the retirement age. They would retire seven years younger. The ret…