Re: ENI $5k incentive
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May 10, 2020
I care because I hope to teach in Germany at some point and would like to know if I'm way off base. Thoughts appreciated.
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haha
Far from an expert on buying houses with LQA but from what I have heard, I would say it varies wildly. In Germany, we knew/knew of, a fair amount of teachers who bought houses. In Japan, virtually none, and all/most have a Japanese spouse.
In theory, buying a house and having LQA pay for it, sounds like a great investment (and I'm sure it ...See More
In theory, buying a house and having LQA pay for it, sounds like a great investment (and I'm sure it ...See More
jgray1278
This is an interesting conversation, that a fail to understand the point in. I agree that FERs retirement is basically worthless. I retired from active duty after 20 years and receive about $50,000 per year. But I also receive full VA benefits which adds another $42,000 per year. I also receive free health insurance for my family from the VA. I thi...See More
haha
Well, as I understand it, it was basically a response to the OP who was making the case that DoDEA teachers were all getting rich and that we were doing better than the commander in most/all respects (I'm paraphrasing). We weren't quite sure if they were complaining or worried that the secret might get out before they could jump on the gravy train....See More
KantTouchThis
Thanks for everyone's input; to answer jgray, I set up what has been proven to be an unfaithful comparison between an educator and the GC because I found it odd that an educator at an overseas base might earn more in total compensation than the officer in charge of that base. I've moderated my position but not totally; the financially-shrewd educat...See More
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$135,000 x 0.025 x (23 + 4) = $91,125
Base salary x multiplier x (active duty years + service academy years)
Most Dodds teachers do not buy a house overseas. Some do, and they are often greatly envied. But the actual num...See More