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Retirement

Thursday, December 20, 2012

Anchor Bay Bids Farewell to 19 Staff Members

The Board of Education recognized the 2011-12 retirees at the Wednesday night meeting in Anchor Bay Middle School North.

Anchor Bay Schools Board of Education honored 19 staff members with a combined 452 years of service at the Wednesday night meeting. The 2011-12 retirees in attendance were called individually, given small parting gifts and a refreshment break was held to celebrate them. Several of the staff members had retired in June under early retirement incentives. Some of their positions have disappeared to save money, according to district officials. "We're getting funded at 2005 levels right now," Director of Secondary Education Paul Rogers said. Despite receiving less funding than most Macomb County districts, Anchor Bay remains at the head of the class in test scores and strives to keep it that way in spite of buget setbacks, Rogers said.  "Our …

Friday, August 17, 2012

Legislation Cuts Teacher Benefits

Newly hired Michigan public school employees would pay more for their pensions and lose state-funded health care in retirement under a bill headed to Gov. Rick Snyder for approval.

Newly hired public school employees in Michigan would pay more for their pensions and lose state-funded health care in retirement under a bill headed to Gov. Rick Snyder for approval. Sponsors of the bill, which was approved Wednesday in the Republican-controlled House and Senate, said it will save school districts an estimated $300 million annually and trim $15 billion in legacy debt, according to The Detroit News. "We are saving the (Michigan Public School Employees Retirement System) for current and future retirees," Rep. Jeff Farrington, R-Utica, told the Detroit Free Press . Employees hired after Aug. 1 would pay $2,000 into a health care account, plus a matching contribution of up to 2 percent of their pay toward a 401(k)-type …

kidcat24

2:33 pm on Sunday, August 19, 2012

We are living with the result of Wall Street sucking money (bonds) out of our towns and cities and our republican governor and other republican governors sucking more money out of our towns and cities. This is the republican plan to make cities so desperate and need help the privatizing of America will leave the middle class and poor holding the bag. Of course the bag will be empty.   more ›

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