Sentences with phrase «teacher benefit costs»

Turning a Benefits Conundrum into a Potential Opportunity for Teachers and Students Teacher benefit costs are rising faster than salaries and new revenues are unlikely to appear.

Teacher benefit costs are rising faster than salaries and new revenues are unlikely to appear.

Not exact matches

We will introduce a new tax benefit to help teachers and early childhood educators with the cost of...

School districts cover costs of the retirement benefits through mandatory annual contributions to the Teachers» Retirement System.

The governor also called on teachers to accept temporary wage freezes and to increase their share of health benefit costs while blasting school administrators for making more than he does.

The average cost of cases that reach a decision was $ 174,902, which includes legal fees, staff salaries and benefits, salary and benefits for a substitute teacher, settlement costs (if any), and salary and benefits of the accused employee.

His auditors found $ 1,981,802 in unauthorized salaries and fringe benefits, $ 310,136 in undocumented consulting costs, and $ 173,539 in staff bonuses for teachers whose evaluations showed they did not deserve them.

Quinn was particularly critical of the health benefits currently in place for Buffalo teachers, which he said cost the district more than $ 19,000 per policy each year.

Malloy wants to transfer hundreds of millions in teacher retirement costs to many towns but gives those same towns no say in pension benefits.

Cuomo credits the budget, as well as agreements approved in mid-March, for implementing new teacher evaluations, pension changes that create a new tier of lowered benefits for public employees, and helping local governments with Medicaid costs.

Pensions and health costs for teachers and other staff are substantially higher for the traditional, unionized public schools compared to charters, which offer their employees 401ks rather than more generous defined benefit plans.

«Health - care benefits [were] preserved with no additional costs to members,» boasted the office of teachers - union boss Mike Mulgrew.

The lag in pay is also costing city teachers in pension benefits.

He contrasted the mayor's desire to let the millionaire's tax sunset this year — which he said would blow a $ 5 billion hole in the state budget — with the mayor's insistence in his State of the City address that the city needed to be able to reduce pension benefits and lay off «more expensive» senior teachers to cut costs.

In fact, more districts cut the number of working days for teachers than addressed the spiraling cost of health benefits.

Take - up rates well below 100 percent suggest that many teachers ascribe less value to the medical benefits offered than they cost.

When asked how they «reduced their budget gaps» over the past two years, fewer than half had eliminated or limited cost of living raises for teachers, only 30 percent cut automatic step increases, and just 13 percent trimmed benefits.

Ever since the Learning Outside the Classroom (LOtC) manifesto was launched in 2008, highlighting the powerful educational value of school trips, when asked whether the benefits of taking pupils on educational visits outweigh concerns over cost and safety, teachers and instructors have always answered with a resounding «yes».

If union strength results in higher employer costs, higher total premiums, and smaller employee contributions, then the removal of teacher health benefits from collective bargaining in Wisconsin might be expected to have the opposite effect: lower employer costs, lower total premiums, and larger employee contributions.

The high - profile battle in Wisconsin over collective bargaining on public - sector benefits, as well as lower - profile battles in Ohio and Massachusetts, was to a great extent about health insurance costs for teachers.

It's understandable that some head teachers may be wary of inviting the general public into school but Chris adds that the financial benefits are invaluable, adding, «Some schools have questioned the opening up their premises to the community fearing associated costs, but the baseline cost is low.

As a check on the WASB data, we examined data from the Wisconsin Department of Public Instruction (DPI) on districts» fringe benefit costs for teachers.

Evidence similarly suggests that teachers» benefit packages are poorly equipped to deal with the rising costs of health care.

In this article we use those data to compare retirement benefit costs for public K — 12 teachers with costs for private - sector professionals.

What are the likely trends going forward for the cost of teacher retirement benefits?

Policymakers must weigh these costs against the substantial educational and economic benefits such systems can create for successive cohorts of students, both through avoiding the career - long retention of the lowest - performing teachers and through broad increases in performance in the overall teaching workforce.

Some of the higher cost of employer retirement plans for teachers is offset by lower employer contributions for Social Security benefits.

Unions argue that such fees cover the costs of collective bargaining and therefore benefit all teachers, whether or not they are union members.

In 1999, Saint Louis offered retroactive improvement in pension benefits that cost the city $ 166 million, or $ 52,000 per teacher, in 2013 dollars, and promised far more valuable pension benefits for future hires.

However, this is unlikely to reduce costs in the near future, since benefits for incumbent teachers are protected by law in most states.

He added: «Together with our reforms to improve behaviour and plans to crack down on truancy by deducting the cost of unpaid fines from child benefit, we have put heads and teachers firmly back in charge of their classrooms so they can extend opportunity and give the pupils the best start to life.»

Unfortunately for teachers, the rising costs of their retirement systems do not reflect improved benefits; they're primarily a function of debt.

In spite of dissent from this view by some researchers (see sidebar), in this case we find that conventional wisdom is right: the cost of retirement benefits for teachers is higher than for private - sector professionals.

In one important respect, it is likely that the BLS data underestimate the cost of retirement benefits for public school teachers.

«Cost benefit estimates,» say the authors, «show that taxpayers paid 51 dollars per student for an experienced teacher to retire in return for an increase in test scores of 1 percent of a standard deviation — a negligible amount.»

There are several different options for teacher retirement benefits that could deliver more equitable benefits on a cost - neutral basis.

The average teacher in Milwaukee gets $ 56,500 (beginning teachers get much less), but when benefits are included, the total cost to the district runs just over $ 100,000.

That is, the rise in employer contributions mainly represents costs that have been deferred by various means for benefits previously earned by teachers and other personnel, many of whom have long since left the schoolhouse.

Compounding the rising generosity of pension benefit formulas is the decline of interest rates on low - risk investments, which raises the cost of providing teachers with a fixed, guaranteed pension benefit.

Allegretto and Mishel calculate the value of the pension benefits that teachers earn in a given year based on how much their employers contributed to their retirement plans in that year, using data from the Bureau of Labor Statistics» Employer Costs for Employee Compensation (ECEC) survey.

All indications point toward teachers not valuing these benefits as much as they cost to provide.

The dual problem for superintendents is that most of their costs are in personnel salaries and benefits, and that most personnel are teachers.

In the area of teacher pension reform, however, it is important to recognize that school administrators reap the largest net benefits from the current system, which has rising costs and clear inefficiencies.

For more on this topic, please see «Teacher Retirement Benefits: Even in economically tough times, costs are higher than ever»

Given that 55 % of K - 12 spending funds teacher salaries and benefits, you can't cut costs without boosting the productivity of good teachers — which requires increasing class size.

The state calculates the money associated with each teacher and instructional - support unit for every school based on four factors: the costs of teacher salaries, employee benefits, classroom support, and other current expenses.

Or it could be a change in benefits allowing teachers who retire earlier to pay less in health care costs.

The shortcomings of this study, the paucity of independent research on the National Board, and the large investments being made by states in rewarding National Board - certified teachers highlight the need for a rigorous and arm's - length cost - benefit study of National Board certification.

Furthermore, benefit costs for teachers have risen more slowly than the average, not faster, as Podgursky insinuated.

A much more productive line of inquiry is one that explores the costs of the inefficient, rigid structure of the teacher compensation system and the possible benefits of replacing it with a more market - based system.