fbpx

Should the State Offload Teacher Retirement Benefits Onto Local School Districts?

IMG_3106In New Jersey, school districts pay the salaries of their teachers, but it’s the state that picks up the costs of their retirements. Cities and towns, meanwhile, cover their employees’ salaries as well as their retirement costs. That split responsibility is at the heart of one of the core elements of the…

More from my site

Posted: March 2nd, 2015 | Author: | Filed under: Chris Christie, Christie Administration, Pensions | Tags: , , , , | 3 Comments »

3 Comments on “Should the State Offload Teacher Retirement Benefits Onto Local School Districts?”

  1. Good God, no! said at 4:00 pm on March 2nd, 2015:

    be honest, folks, the disproportionate number of those on pensions would likely break the smaller districts/towns, and spike local property taxes even higher than they are, now!..there are too many variables to consider, before dumping this on districts: until and unless they look at teacher performance, tenure laws, pay guides,differing obligations with the different unions,etc., this could wreak even more havoc on the towns.. are they trying to get even more people to sell out, and vacate this already too-expensive, insane state??

  2. Bob English said at 6:06 pm on March 2nd, 2015:

    Good is right about the cost…..unless the state would let individual districts/towns take over a revenue stream or two that is currently going to the state, this would not be affordable to put on the local level.

  3. Steve Adams said at 6:12 pm on March 3rd, 2015:

    The NJ State Constitution make public education a state responsibility. Most people don’t know that.
    When career direct salary, benefits, and retirement costs for teachers are divided by the career hours teachers are in school you end up with a taxpayer cost of over $125 per hour.
    There are many great people that would be great teachers if they were offered just one-third of that cost.
    People would line up to teach and be paid a flat $40 per hour.
    That would save billions of dollars for NJ taxpayers and solve the growing pension problem.