MaggieD
DP Veteran
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- Jul 9, 2010
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Got it.
You came into this thread a little late. My position was always that their salaries are augmented by extra-duty pay. The figures listed are their "contract figures." All teachers in the state of Illinois have employment contracts. Vacation and sick day buyouts are part of annual compensation. And part of their package. The only thing that wouldn't be considered "pay" would be the employer contribution to their pension -- which, in Illinois, is 8%, I believe. Or just slightly more than Social Security. There are no surprises there -- other than that ONE.
According to the ISBE, the annual salary data reported to them is the same as the "total creditable earnings" reported to the Teachers Retirement System. It includes, among other things, extra-duty pay (coaching, clubs, etc.), board-paid retirement contributions, vacation and sick day buyouts, bonuses, and other compensation that the Teachers Retirement System includes in total creditable earnings. This salary data does not include the cost of employer-paid health insurance. Individual school district contracts should be consulted for details.
You came into this thread a little late. My position was always that their salaries are augmented by extra-duty pay. The figures listed are their "contract figures." All teachers in the state of Illinois have employment contracts. Vacation and sick day buyouts are part of annual compensation. And part of their package. The only thing that wouldn't be considered "pay" would be the employer contribution to their pension -- which, in Illinois, is 8%, I believe. Or just slightly more than Social Security. There are no surprises there -- other than that ONE.