Under the Comstock Public Schools teachers’ union contract, the average teacher salary was $53,756 in 2009. In addition, the district provides health benefits costing $16,452 for the most commonly selected plan, which is 59 percent more costly than insurance provided to the average private sector worker in Michigan. Teachers contribute 5 percent toward their coverage, compared to a 20 percent average contribution required from private sector workers in Michigan.
Based on the current state-run teacher pension system, a Comstock teacher retiring after 30 years will get a $27,639 annual pension (based on the final “step” on the salary schedule), which they can begin collecting from their early 50s on. This amount increases by 3 percent each year. Retired teachers also get subsidized health insurance.
Comstock schools collected $11,751 per student in property tax levies, state and federal grants in 2008-2009, of which around 70 percent was paid out to employees covered by the union contract described here. Read the full story here.
Based on the current state-run teacher pension system, a Comstock teacher retiring after 30 years will get a $27,639 annual pension (based on the final “step” on the salary schedule), which they can begin collecting from their early 50s on. This amount increases by 3 percent each year. Retired teachers also get subsidized health insurance.
Comstock schools collected $11,751 per student in property tax levies, state and federal grants in 2008-2009, of which around 70 percent was paid out to employees covered by the union contract described here. Read the full story here.
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