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02.13.2009 11:33 am

Francis Howell teachers’ union proposes retirement incentive

St. Louis Post-Dispatch
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In light of last night’s budget cuts, the Francis Howell Education Association has proposed that school district offer a retirement incentive for eligible teachers.

Thursday’s vote cut 19 teaching positions, but the association is hopeful that through attrition, no teachers will lose their jobs. President Linda Hess said their financial rescue proposal could help save the district $4 million and could help prevent further cuts to teaching positions.

The district has 118 teacher eligible to retire, and many cite health insurance concerns as a reason for waiting to retire, Hess said. With the unknowns of the current economy, retirement eligible teachers are likely to stay in their positions without an incentive such as paying for retiree health insurance.

A new teacher makes a salary of $35,009, compared to a retirement eligible teacher with a masters making $76,940. The plan would protect the district’s investment in its new teachers, instead of losing them to another district, Hess said.

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2 comments

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How about the school district layoff a few more teachers to cover the retirement incentive proposal of the insane FHEA. Bow out with honor and stop being greedy.

— TOm
8:14 pm February 14th, 2009

How is that greedy? It is surely going to cost less to pickup the tab for health benefits than to pay the higher salary of longer-serving teachers.

Eligible to retire is not the same as mandated to retire.

I have a feeling Tom would gripe if a 50-year-old teacher with 30 years of services who is eligible to retire would do so at such a young age. Teachers can’t win in the eyes of people like Tom.

— suzyjax
8:56 am February 17th, 2009