Literaturnachweis - Detailanzeige
| Autor/inn/en | Costrell, Robert; Maloney, Larry |
|---|---|
| Institution | Thomas B. Fordham Institute; Thomas B. Fordham Foundation |
| Titel | The Big Squeeze: Retirement Costs and School District Budgets. Milwaukee: Saved by Act 10…For Now |
| Quelle | (2013), (34 Seiten)
PDF als Volltext kostenfreie Datei |
| Sprache | englisch |
| Dokumenttyp | gedruckt; online; Monographie |
| Schlagwörter | Retirement Benefits; Public Schools; School Districts; Urban Schools; Budgets; Teacher Retirement; Public School Teachers; Costs; Taxes; Health Insurance; State Legislation; Economic Impact; Teacher Salaries; Expenditure per Student; Wisconsin (Milwaukee) |
| Abstract | Milwaukee Public Schools (MPS) faced a dramatic and painful increase in employee retirement costs, driven primarily by a sharp rise in the bill for retiree health insurance, a program covered by collective-bargaining agreements between the district and its unions. In March 2011, Governor Scott Walker signed into law the Wisconsin Budget Repair Bill, also known as Act 10. By limiting collective bargaining to wages only, this measure gave MPS the authority to modify its retiree health program, and the Badger State's largest school system has since acted upon that authority. This report analyzes and projects the future retirement obligations in Milwaukee and highlights how retirement reform can help to solve the pension-funding problem. [For the summary report, see ED598726.] (ERIC). |
| Anmerkungen | Thomas B. Fordham Institute. 1701 K Street NW Suite 1000, Washington, DC 20006. Tel: 202-223-5452; Fax: 202-223-9226; e-mail: thegadfly@fordhaminstitute.org; Web site: https://fordhaminstitute.org/ |
| Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
| Update | 2020/1/01 |
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