We recommend that our State representatives work to restructure the defined benefit pension system to reduce the size and volatility of the District222s annual contribution through migration to defined
contribution plans and increased contributions from participants. We further recommend that the District and the Board of Education lobby aggressively through their state-wide associations for relief
from this mandate.
2. We recommend that the percentage of total healthcare costs paid by all District employees be increased. We also urge the District to improve the disclosure of the costs related to post-employment healthcare benefits.
3. We recommend that the School Board reduce the rate of growth in total compensation. The compounding of the steps and lanes, in addition to COLAs, should be reconsidered.
4. We recommend that the School Board keep collective bargaining agreements to 3 years or less to retain financial flexibility for the District.
Report #:
118
Added:
2011-01-27