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They plateau at what, 15 years....and never get again until 25 years (and then that's it). As you said, it's all a sham system to scam some of the most important people in our state. They want them to start off teaching and then bail to the private sector before they earn enough years to be in the state retirement system with full retirement. It's awful. It's designed to keep teachers inexperienced, on the whole.
More than one Republican who supported this expressly said that Teacher’ Unions (not permitted in NC) are our enemy and teaching should be considered an entry-level job, not a career. More than one recalled that teaching used to be what young men did until they finished their apprenticeship for a real job and what young women did before having kids of their own and that is the model we should go back to.