how is 13% now 25+ %?
even if you add in SS, its still under 20%
you'd have less rage if you could read I suppose....
•State Pension. Teachers belong to the Wisconsin state pension plan. That plan requires a 6.8% employer contribution and 6.2% from the employee. However, according to the collective-bargaining agreement in place since 1996, the district pays the employees' share as well, for a total of
13%.
•Teachers' Supplemental Pension. In addition to the state pension, Milwaukee public-school teachers receive an additional pension under a 1982 collective-bargaining agreement. The district contributes an additional
4.2% of teacher salaries to cover this second pension. Teachers contribute nothing.
•Classified Pension. Most other school employees belong to the city's pension system instead of the state plan. The city plan is less expensive but here, too, according to the collective-bargaining agreement, the district pays the employees'
5.5% share.
PLUS social security. What's that about reading?