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by WalterBright 2165 days ago
Your figures are nice, but do not include what it costs per teacher to provide those benefits.

> Teacher pay and benefits are 100% public information

It's easy to find pay, but I haven't been able to find the cost of the benefits.

> I shouldn't even have claimed that they can retire comfortably.

I'd be interested if you can find any private pension plan that gives out anything at all starting at age 42 and going for the rest of their life (another 40 years). Even Social Security doesn't kick in until 62.

> most teachers already contribute to their health insurance

The figure of interest here is what does that cost the government to provide it?

1 comments

My school districts budget book indicates total benefit costs are about 43% of total salary. (https://www.washoeschools.net/Page/550)

The published teacher pay schedule indicates that teachers are paid around $50k for a 9 month schedule (https://www.washoeschools.net/Page/841)

At 43% that's roughly $21500 in benefits. Health insurance for a family of 4 on an ACA platinum plan is ~$19000/Year (https://news.ehealthinsurance.com/_ir/68/20205/eHealth_2020_...)

Since not all teachers will have families or elect for district health insurance, I think it's safe to assume health insurance is probably around the $9000-13000 per person range to the district.

Note that Nevada has pretty low per student spending for the US, so it is quite possible other municipalities Will spend more. This seems to be the case (or my math is bad) as the BLS reports a much higher benefits to pay ratio for state and local government employees nationwide - about 60% (https://www.bls.gov/news.release/pdf/ecec.pdf)

Thanks for the figures!