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A cafeteria plan or cafeteria system is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code. [1] Its name comes from the earliest versions of such plans, which allowed employees to choose between different types of benefits, similar to the ability of a customer to choose among available items in a cafeteria.
American corporations often offer cafeteria plans to their employees. These plans would offer a menu and level of benefits for employees to choose from. In most instances, these plans are funded by both the employees and by the employer(s). The portion paid by the employees is deducted from their gross pay before federal and state taxes are ...
In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000. [19
Funds to help Missouri school districts move their starting teacher pay to $38,000 is part of the budget that will be sent to Gov. Mike Parson. Missouri's plan to increase teacher pay to $38K ...
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The Department of Health and Senior Services is responsible for managing and promoting all public health programs to improve life and wellness for Missourians. [1] They are responsible for maintaining programs to control and prevent disease; regulation and licensure of health and child care facilities; and programs designed to create safeguards and health resources for seniors and the state's ...
The Missouri Department of Elementary and Secondary Education (DESE) is the administrative arm of the Missouri State Board of Education that works with school officials, legislators, government agencies, community leaders, and citizens to maintain a strong public education system. Through its statewide school-improvement initiatives and its ...
State Sen. Holly Thompson Rehder removed some amendments from a bill protecting Social Security benefits for foster kids in hopes that it will pass. Hopes still high for bills to stop Missouri ...