Have a nice, joyful Thanksgiving.
This is a short week and an unusually short(!) e-bulletin. Below you’ll find an explanatory note about the Retirement Board memo that was sent out last week.
A few things to keep in mind on the new salary rate, please: Teachers who get 26 paychecks get a greater part of their salary later in the year than those whose checks stop in June. Those who get 26 checks therefore see some of the increase on a delayed basis in their July and August paychecks. Also, the salary increase started on November 1, and as pay cycles are uneven — not every pay cycle contains the same amount of school days — then an adjustment will be made in this first check. In other words, the salary increase in the first check will be slightly lower for those on 26 checks than the increase in the first December check and subsequent checks. By the end of the school year, it all works out and everyone, regardless of the number of checks he or she receives, gets the same amount of salary.
Here’s a summary:
(We will also receive a 3% increase on November 1, 2013, a 3% increase on November 1, 2014, and another 3% increase on November 1, 2015.)
The retroactive for all of the above is now slated to be paid at the end of February.
By the way, we have a wonderful Health and Welfare Fund for teachers (see description), paras (see description), and cluster substitute teachers (see description). The benefits, which include eye care and dental, just to mention a few, are worth reviewing periodically. All people in the aforementioned categories are eligible by virtue of their being members. There’s nothing to do except sign up!