Read the full story here Web Link posted Monday, February 8, 2016, 10:17 AM
Town Square
Despite budget concerns, LASD teachers to get raises
Original post made on Feb 8, 2016
Read the full story here Web Link posted Monday, February 8, 2016, 10:17 AM
Comments (1)
a resident of Cuesta Park
on Feb 8, 2016 at 2:29 pm
As a retired LASD teacher I can sympathize with Randy Kenyon's concern. The state has increased (albeit gradually) the amount that school districts must pay into the CALSTRS Retirement Fund from roughly 9 percent to 18 percent of a teacher's gross income. This will make a HUGE impact on district finances and represents money that could have gone to teachers.
I'm not sure how the State determined that districts had extra monies to pay into CALSTRS but, nonetheless, the eventual doubling of contributions will have to be budgeted for.
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