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A teacher remembers. I retired from teaching in 1998. Everything was great. I got a good pension and good health care for me and my wife. Then Sept. 11, 2001, happened.
The outgoing head of Ohio's troubled teachers retirement system said that she is leaving the fund in strong fiscal condition, despite the turmoil at the top that her successor will inherit ...
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
A battle is under way for the future of Ohio’s $94 billion teacher pension fund, as would-be reformers’ attempts to deliver long-promised benefits to retirees with the help of an aggressive ...
The school district enrolls 3,722 students as of the 2012–2013 academic year. [ 2 ] Since the beginning of the 2012–13 school year, the district operates one preschool, four elementary schools for grades kindergarten through fourth, Edgewood Middle School for grades five through seven, Wooster High School for grades eight through 12, and ...
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The largest teacher pension system in Ohio wants school districts to pay more, which would cost taxpayers an additional $533 million a year.
The Ohio Fair School Funding Plan and its predecessors from prior legislative sessions are the first major attempts at a large-scale overhaul in Ohio in decades. [ 2 ] Currently, the state’s education funding law is an attempt to “equalize education for all Ohio children, regardless of how rich or poor their community is,” according to ...