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This list of largest pension funds in the United States involves two main groups: ... New York State Teachers: $115,637 $115,637 94.2% 7.5% 8
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
The Council of School Supervisors & Administrators (CSA) is a New York City based collective bargaining unit for principals, assistant principals, supervisors and education administrators who work in the New York City public schools and directors and assistant directors who work in city-funded day care. It was founded in 1962 as the Council of ...
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A recently passed state law to shrink class sizes in New York City could cost at least $1.6 billion each year to employ an additional 17,700 teachers, according to an analysis by the Independent ...
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One of the largest reasons for decreasing teacher pay and less funding for schools is the large amount of money diverted from current budgets to pay educators' unfunded pension liabilities. [ 28 ] : 1 For example: "In Colorado, school district payments to the public pension fund have roughly doubled since 2006, from about 10 percent of payroll ...
1969: 450,000 teachers were covered by 1,019 collective bargaining agreements. The NEA accounted for 90 percent of the contracts and 61 percent of the teachers. [64] 1972: The New York State Teachers Association quit the NEA and merged with the AFT. [65] 1970s: State affiliates become powerful lobbyists. [66]