THE DEFECTIVE 2007 LAUSD PAYROLL SYSTEM IS STILL A THREAT TO YOUR RETIREMENT - Perdaily.com

THE DEFECTIVE 2007 LAUSD PAYROLL SYSTEM IS STILL A THREAT TO YOUR RETIREMENT - Perdaily.com:

THE DEFECTIVE 2007 LAUSD PAYROLL SYSTEM IS STILL A THREAT TO YOUR RETIREMENT

by Leonard Isenberg

(Mensaje se repite en Español)

(For a national view of public education reform see the end of this blog post)

For some time now it has been the unexpressed goal of the Los Angeles Unified School District (LAUSD) to curtail its operating costs by reducing teaching staff. Of course, not so for administrators but rather the opposite. But by far their preference for departing teachers lies among the veterans. They're the ones drawing the highest salaries. They're the ones closing in on lifetime benefits while in retirement. They're the ones nearing their twenty fifth year of service which would qualify them for retirement payments for life