Saturday, October 2, 2010

MPS, teachers union reach deal - The Business Journal of Milwaukee

MPS, teachers union reach deal - The Business Journal of Milwaukee

MPS, teachers union reach deal

THE BUSINESS JOURNAL OF MILWAUKEE

Milwaukee Public Schools and the union representing 5,600 MPS teachers have reached a tentative agreement on a new four-year contract expected to save up to $50 million over the next two years.

The previous contract between MPS and the Milwaukee Teachers’ Education Association expired more than a year ago. The new contract covers the period from July 1, 2009, through June 30, 2013, and contains no pay increase for the first year.

In the second year, teachers receive a 3 percent increase in a lump sum, and years three and four have pay increases of 2.5 percent and 3 percent, respectively.

Changes to the health care plans include employee premium contributions. The changes are expected to save the district an estimated $45 million to $50 million over the next two years. The savings will support more funding to classrooms and address the district’s structural



Read more: MPS, teachers union reach deal - The Business Journal of Milwaukee