[Editor’s Note: The latest dispatch from the President of the Teachers Union to his 350 members.]
Friends —
I just picked up the School District's third report on retirement incentive programs. This one, finally, had some information that is helpful.
The report shows the costs and savings of incentives ranging from 15 percent of an average salary ($74,130) to 100 percent of that salary — based on the participation of 25 teachers. According to the District's figures, the options paying more than 50 percent of a salary, spread out over three years, did not save money for the Culver City Unified School District. But those up to 50 percent did.
This does not mean that CCUSD will be offering any incentive to retire.
What this does mean is that we can sit down with them, take a second look at the numbers and bargain a retirement incentive. Then, a “critical mass” of teachers — 25, according to this analysis — would need to participate for the program to go into effect.
We will be working on this right away.
Our hope is that we can bargain something soon enough so that veteran teachers will have the time to consider whether they wish to take an incentive and retire this year.
We'll keep you posted. dave
P.S. Bargaining team members: Your copy of the report is in the school mail, and you should receive it on Tuesday.
Mr. Mielke may be contacted at davidmielke@ccusd.org
