Proposed FY 05-06 Teacher Salary Data East Greenwich

Benefits Not Included In The Salary Data

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The following Town Funded benefits are not factored into the salary data:

  • Pension Contributions, estimated to be $1,522,165.00 FY 05-06.
  • Retirement after 28 years of service at 60% of salary.  Pensions automatically increase 3% per year.
  • New retirees receive two years of paid health benefits.
  • Professional Development.
  • 100% for Health Insurance Benefits.
  • 50% Health Insurance buy back, with no upper limit.  Current Buy back is $6,834.00.  Total cost to taxpayers is $445,000.00 and rising.
  • 100% Tuition reimbursement for all teachers pursuing another college degree, and a $500 stipend once the degree is conferred, Mileage and Books. 
  • 100% for Life Insurance Premiums.
  • 15 (working days) sick time.  Time accrues to a maximum of 160 working days.
  • One year unpaid prental leave with health benefits. 

Health Insurance Premium Estimates FY 05-06
See the "Health Insurance Analysis" link
 

Blue Cross Classic

  • Family Plan:          $13,800.00
  • Individual Plan:    $5,500.00
  • Buy Back:              50% of premium if opt out is exercised.

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