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The NEA reported a membership of 766,000 in 1961. [30] In 2007, at the 150th anniversary of its founding, NEA membership had grown to 3.2 million. [31] However, by July 2012, USA Today reported that NEA had lost nearly 0.3% of their members each year since 2010. [32] Following the Supreme Court's 2018 Janus v.
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Mounting costs led Congress to pursue reforms to the military retirement system during the 1980s. Under the National Defense Authorization Act of 1981, the military moved from calculating retirement benefits based on the "final pay," or base pay on the final day of active service, to the "High-3" system. [9]
Retirement sounds like a dream. No alarm clocks. No deadlines. Just endless days of relaxation. But here's the twist: That dream is becoming a nightmare for many retirees. Take Russ Schmidt. At 12 ...
The AEA is an affiliate of the National Education Association (NEA), the nation's largest professional employee organization. The AEA's stated mission is "to promote educational excellence, the Alabama Education Association shall serve as the advocate for its members and shall lead in the advancement of equitable and quality public education ...
It also has 21 military bases, making it pretty easy for veterans to get to a VA hospital when they need medical care, and a slew of organizations designed to help military retirees relocate there.
But despite the conflict, the two unions remained remarkably evenly matched. By 1987, FTP-NEA's membership had risen to about 37,000 members, while FEA-United's membership stood at about 30,000 members. [15] By 2000, when the two unions merged, FTP-NEA membership had risen to 60,000 while FEA-United had 45,000. [16]
A 65-year-old retiring today can expect to spend $157,500 in healthcare and medical expenses throughout retirement, according to the Fidelity Investment Retiree Health Care Cost Estimate for 2023.