Sentences with phrase «employers on behalf of teachers»

Maryland does not provide teachers with information on how their benefits accrue for each year of service, the amount contributed each year by teachers and employers on behalf of teachers, or the projected value of a teacher's contributions based on different assumptions about the rate of return expected (e.g. 4 %, 6 %, and 8 %).

Not exact matches

Teachers leaving before then will forfeit the entirety of 16.8 percent of salary that employers contributed on their behalf.

But only 2 states provide the teacher their own contributions, some interest, and a share of the contribution employers made on their behalf.

At a minimum, states should ensure that teachers leaving the pension plan can take with them their own contributions, the interest those contributions accrued, and a share of the employer contributions that were made on their behalf.

Teacher pension costs are included on the Teachers Pension line item (this includes both the CPS» employer share of the pension costs as well as the cost of the additional pension benefit that CPS pays on behalf of employees).