Teacher retirements spike in wake of U.F.T. contract

[hrmjustin]

Sally Goldenberg

In the wake of a new contract that offered teachers a monetary incentive to retire by June 30, more of New York City's educators applied to leave the workforce last month than in June of the previous three years.

According to both the United Federation of Teachers and the New York City Teachers' Retirement System, which used slightly different calculations, retirements spiked in June as the U.F.T. ratified a contract that grants 8-percent retroactive pay raises as a lump sum payment to those who submitted retirement papers by June 30.

Active teachers, by comparison, would get that money in increments over five years, starting in October 2015 and ending in October 2020.

The T.R.S. said it received 2,263 retirement applications in June, up from 1,484 applications in June 2013, 1,486 in June 2012, and 1,673 in June 2011, according to data requested by Capital.

http://www.capitalnewyork.com/article/city-hall/2014/07/8548421/teacher-retirements-spike-wake-uft-contract?top-featured-2

[femmocrat]

1. No need to threaten and harass veteran teachers.

Just offer them a decent severance and they will end up saving the district money on their own. Lots of teachers are eager to retire, they just need an incentive.

[Smarmie Doofus]

2. I wonder if the mba types now running the system have calculated how much....

...taxpayer- paid in service hrs a 25 year teacher has accumulated by the time she/he is being "retired". ( Or do they even have the remotest idea?)

Presumably that was worth *something*. They always TOLD us it was, anyway.

So they have to start "professionally developing" a whole new generation of neophyte teachers. At taxpayers expense.

Hmm... I wonder if anyone *benefits* from this..... ummmmm .... "arrangement".

Let's see... who could it be, who could it be.........

[hrmjustin]

3. City Council members want Mayor de Blasio to fix school discipline code, which they say is biased

http://www.nydailynews.com/new-york/education/city-pols-school-punishments-biased-article-1.1857006