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.n l <br />a� t J U`l�0. 0 <br />Did you know over 80% of our school budget is labor costs? <br />Teacher Salaries N4 <br />A Including Additional Compensation <br />Base Salar % of Teachers I <br />$50,000- $69,999 14.5% <br />$355000- $399999 10.9% <br />under $30,000(part -time) 3.2% <br />The guaranteed step increases whether a new contract is agreed to or not for the 19`h year <br />is $7,820 and for the 20th year is $8,420. Last year the average retirement for the teachers <br />who retired was over $47,000 / year for which the teachers contributed $0. When they turn <br />62 they will receive about an additional $14,000 / year in Social Security benefits raising <br />their en� to about $61,OQQ There is no deduction for any private sector work and <br />public sector work can be performed up to a value of $15,000 with no pension deduction. <br />(The State pension is exempt from State taxes.) <br />Principals Salaries <br />Base <br />Administrative Salaries <br />Over $95,000 <br />% of <br />83.3% <br />I <br />CD Al, <br />-,f6uf <br />