Posted on 02/17/2011 6:31:06 PM PST by Nachum
[Milwaukee, Wisconsin] MacIver News Service – For the first time in history, the average annual compensation for a teacher in the Milwaukee Public School system will exceed $100,000.
That staggering figure was revealed last night at a meeting of the MPS School Board.
The average salary for an MPS teacher is $56,500. When fringe benefits are factored in, the annual compensation will be $100,005 in 2011.
MacIver’s Bill Osmulski has more in this video report.
(Excerpt) Read more at maciverinstitute.com ...
Demographics make the difference.
We have a much smaller group to work with, ergo higher costs.
Nice job losing 8.5 billion dollars last year. Congratulations. Fine work you’re doing over there.
BTW, the real cause of all this is OVERBUILDING ~ we now have 10 million surplus homes in this country, and yet delivery has to be provided to each of them in case somebody moves in.
It's Barney Frank's fault!
See those guys on TV today cutting $10 million here, a billion there, and USPS has this immensely large pile of stuff to give up and those some "brave souls" won't touch it.
Frankly the answer is to disband public schools and privatize education.
Just leave them alone. Technology is going to unravel the entire edifice but we might want the buildings ~ for the gyms and meeting rooms if nothing else.
It costs a lot for government employees and teachers as well not withstanding the pooling of risk and other actuarial factors. There is no reason not to include the considerable present value of that pension - especially when in Wisconsin it is 100 percent paid for by taxpayers.
People really love to hear that stuff!
Yes, I’m sure that all those pension-coveting teachers will be dissuaded from planning the first day of their retirement at 55 by those cold hard facts.
“There are some excellent teachers who want an early-out,” Parker said. “I know these teachers personally, and I’m sorry to even hear them talking about retirement.”
http://www.washingtonpost.com/wp-dyn/content/article/2008/03/26/AR2008032602948.html
A new Mayor came in and fired her.
What you have to remember in reading anything from DC is that the eternal rumor is "they're planning an early out". That story pops up in every water cooler conversation in every federal agency as well as the government of the District of Columbia.
Rhee didn't have backing from the people who hired her.
The point is that pensions are highly valued by teachers often available as early as fifty five, and can be considered a measurable part of their overall compensation.
The point is that pensions are highly valued by teachers often available as early as fifty five, and can be considered a measurable part of their overall compensation.
Pensions are, of course, deferred compensation. IRS makes sure you pay taxes on them!
A lot of teacher retirement funds have been playing the stock market with a buy high sell low mentality. The Florida teachers fund was buying ENRON up to and through the implosion of the stock price.
180 days a year is mandated face time with students. That does not include the weeks worth of meetings prior to the "first" day of school nor does it apply to committee meetings after school hours. Then, of course, there are the "Parent Teacher conferences" which run for three days 'till 8:00 PM, twice a year. And then there is the "ad hoc" conference when Johnnies Mom shows unannounced and expects to talk NOW. At the end of the day you still have papers to correct so you take them home and spend several hours after dinner doing that little chore.
Since the district has put a computer on every teachers desk, they expect head count for attendance & lunch to be entered by 8:00 AM so the ladies in the office can send it on to Central Office. Since you no longer use a grade-book all those grades you finished last night need to be entered into your computer to "automate" the report-card. Most teachers did that during class room face time, I did it from home because my wife thought she was there to teach not do data entry chores. As per usual when things get "computerized" you wind up with more paperwork, more time spent on scut work, and less time spent actually doing your job.
Still want to sign up? That three month summer vacation is down to a scant two and the district requires all staff teachers to aquire additional teaching credits on their own time (kiss that two months good bye!). You get enough additional credits and you'll have to declare a major and now you're in night school working on a Masters degree (you can always see your family on weekends).
My wife taught for 40 years for only one reason, she loved the kids and the way they lit up when they caught a new idea. She made principal and quit after two years to get back to the classroom because she missed the kids.
You should walk a mile in her shoes before offering an opinion.
Regards,
GtG
PS She was in the union because the district was a closed shop. She was the building rep for a couple of years. She entered into a lawsuit against the union because they were diverting dues to political contributions with out members consent. It takes stones to teach!
“It takes stones to teach!”
100% agreement in this day and age.
But, the REAL problem here is getting lost. Should the taxpayers pay for over-the-top salaries, cadillac health insurance plans including extremely liberal prescription drug plans, over-the-top retirement plans, etc. for public sector employees, while those same tax payers pay 30-38% contribution for their healthcare, etc.???
The teachers in Wisconsin make on average $89K a year...39% of them send their kids to PRIVATE schools, paid for by the tax payers.
Democrat administrations in these states and given blank checks to public sector unions promising that “someone” else would pay for all their salaries and benefits, which are WAY out of line with what the average tax payer can enjoy....to paraphrase Margret Thatcher, “Socialism is great until you run out of someone else’s money.”
Well, in state after state, as public sector employment grew as a percentage of total workers in each state, and given their outreageous compenstation (particularly benefits), the states started running OUT of some else’s money.
In New York, the tax payers pay 92% of the healthcare coverage for teachers...how is this MORAL or FAIR, much less sustainable?
How these governors are doing, is asking these public service employees to pay are “fairer” share of their compensation costs, and they act as if THEY are being robbed, when in fact it is the entire country and our financial health being robbed.
The bottom line is this: These public service workers all over this country are going to have to pay MORE (like the rest of us are doing) or states and the country will go bankrupt, and when and if it does....don’t even want to think about it.
Not in our house, my wife is a retired teacher (certified K-8) who graded all her "homework" on the coffee table. When the district computerized, I entered raw grades (from home) into a data base which generated report cards.
As a retired engineer, I got stuck with all the scheduling and presentation documentation.
Regards,
GtG
/Bump
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