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Download full textCostrell, Robert; Maloney, Larry – Thomas B. Fordham Institute, 2019
At first glance, the recent teacher-retirement reforms in Ohio seem to bring good fiscal news to school systems in the Buckeye State. With Senate Bills 341 and 342--and a series of cutbacks on retiree healthcare--the Cleveland Metropolitan School District is projected to spend less on retirement costs in 2020 than it does today. But these reforms…
Descriptors: Retirement Benefits, Public Schools, School Districts, Urban Schools
Costrell, Robert; Maloney, Larry – Thomas B. Fordham Institute, 2013
Milwaukee Public Schools (MPS) faced a dramatic and painful increase in employee retirement costs, driven primarily by a sharp rise in the bill for retiree health insurance, a program covered by collective-bargaining agreements between the district and its unions. In March 2011, Governor Scott Walker signed into law the Wisconsin Budget Repair…
Descriptors: Retirement Benefits, Public Schools, School Districts, Urban Schools
