Education

Teachers Will See Pension Changes

By Vaishali Honawar — June 13, 2006 1 min read
  • Save to favorites
  • Print

The following offers highlights of the recent legislative sessions. Precollegiate enrollment figures are based on fall 2005 data reported by state officials for public elementary and secondary schools. The precollegiate education spending figures do not include federal flow-through funds, unless noted.

Maryland

Gov. Robert L. Ehrlich Jr.

Republican

Senate:
33 Democrats
14 Republicans


House:
98 Democrats
43 Republicans

Enrollment:
866,000 million

Flush with a $1 billion budget surplus, Maryland lawmakers gave public schools nearly $4.5 billion for fiscal 2007, an increase of $400 million, or 10 percent, over last year.

That hike includes the fourth installment of a five-year plan to raise K-12 funding by $1.3 billion.

Bill Reinhard, a spokesman for the state department of education, said that one of the bigger successes this year was an increase of $70 million in funding for school construction, which will increase to $320 million for fiscal 2007.

There was also good news for teachers, who now have an improved pension plan.

Under the revisions, the amount that teachers can contribute toward their pensions will rise from 2 percent to 5 percent of their salary, to be phased in over three years, while the state contribution would also rise. For instance, teachers who began their employment in the state in 1998 or later, and who retire after 30 years of service, will see their annual pension jump from 42 percent of salary to 54 percent.

In April, the Democratic-led legislature clashed with Gov. Robert L. Ehrlich Jr., a Republican, over a state plan to restructure 11 failing public schools in Baltimore. The legislature overrode a veto by Mr. Ehrlich, ensuring that control of the schools remained with the city. (“Baltimore Takeovers Prevented,” April 19, 2006.)

Related Tags:

A version of this article appeared in the June 14, 2006 edition of Education Week

Events

School Climate & Safety Webinar Engaging Every Student: How to Address Absenteeism and Build Belonging
Gain valuable insights and practical solutions to address absenteeism and build a more welcoming and supportive school environment.
Student Well-Being K-12 Essentials Forum Social-Emotional Learning 2025: Examining Priorities and Practices
Join this free virtual event to learn about SEL strategies, skills, and to hear from experts on the use and expansion of SEL programs.
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Professional Development Webinar
Inside PLCs: Proven Strategies from K-12 Leaders
Join an expert panel to explore strategies for building collaborative PLCs, overcoming common challenges, and using data effectively.
Content provided by Otus

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education Briefly Stated: February 5, 2025
Here's a look at some recent Education Week articles you may have missed.
8 min read
Education Quiz News Quiz: Jan. 30, 2025: Interim Ed. Dept. Leader | Navigating Immigration Policies | Teacher Evaluations | And More
Test your knowledge on the latest news and trends in education.
1 min read
President Donald Trump speaks in Emancipation Hall after the 60th Presidential Inauguration on Monday, Jan. 20, 2025, at the U.S. Capitol in Washington. His administration's order to pause potentially trillions of dollars in federal spending this week sent school districts scrambling to figure out which funds might be halted.
President Donald Trump speaks in Emancipation Hall after the 60th Presidential Inauguration on Monday, Jan. 20, 2025, at the U.S. Capitol in Washington. His administration's order to pause potentially trillions of dollars in federal spending this week sent school districts scrambling to figure out which funds might be halted.
Al Drago/AP
Education Briefly Stated: January 29, 2025
Here's a look at some recent Education Week articles you may have missed.
9 min read
Education Quiz Education Week News Quiz: Jan. 23, 2025
Test your knowledge on the latest news and trends in education.
1 min read
President Donald Trump speaks in Emancipation Hall after the 60th Presidential Inauguration on Monday, Jan. 20, 2025, at the U.S. Capitol in Washington. His administration's order to pause potentially trillions of dollars in federal spending this week sent school districts scrambling to figure out which funds might be halted.
President Donald Trump speaks in Emancipation Hall after the 60th Presidential Inauguration on Monday, Jan. 20, 2025, at the U.S. Capitol in Washington. His administration's order to pause potentially trillions of dollars in federal spending this week sent school districts scrambling to figure out which funds might be halted.
Al Drago/AP