Ogden Teachers Rally for Collective Bargaining

Ogden Teachers Rally for Collective Bargaining

Monday, April 19, 2010

Retirement information continued...

The complexity of the changes made by the legislature in our retirement seem to make it difficult to interpret. Here are some updates:
  • The districts will pay an additional 2.1% for employees. (that is 2% that won't go to salary)
  • Current rehired retirees could lose their 401K contribution. (we thought it was safe)
  • The increase in cost of future and past service years will go up significantly, but not until January, 2011. (we thought it would start in July, 2010 and it might be phased in over three years)

As we learn more information, we will communicate it to you.

Vote in the UEA General Election. (your building reps have your voting cards.)

Rick