Act 10 Saves Nicolet $418,000 in Benefit Costs
New report says the Nicolet Unified High School District has seen big savings from Act 10, as has Maple Dale-Indian Hill School District. However, Fox Point-Bayside didn't benefit nearly as much.
The controversial state law that eliminated most collective bargaining rights for school employees reduced benefit costs for Nicolet High School District by $418,000 last school year, according to a report released Monday. However, Fox Point-Bayside saw a $57,000 increase in benefit costs. The bulk of the savings for Nicolet came from reductions in the district's share of employee retirement costs, the report by the Wisconsin Taxpayers Alliance said. In the 2010-11 school year, Nicolet paid $567,629 toward the employee share of pension costs for workers; in 2011-12, that dropped to about $37,043, a 93.5 percent reduction, the report said. But the district paid 5.1 percent more in 2011-12 for health insurance costs for a total of $2.3 …
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Bewildered
4:50 pm on Wednesday, November 14, 2012
Excuse me? What new taxes? Increased heath and pension (which one gets back) contributions are not taxes. What you want is to return to your good old days where private citizens were paying for public union benifits contributions. Fair Share appears to you to mean we pay your fair share. Well, no more. Join the rest of us in the real world. more ›