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

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
College & Workforce Readiness Webinar
From Exposure to Experience: Designing Accessible Work-Based Learning
Learn how schools can create meaningful experiences that help every student build skills, connections, and a clearer path to their future.
Content provided by Project Lead The Way
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
School & District Management Webinar
A Tale of Two School Districts: Forecasting Enrollment
Forecasting enrollment is hard. Here’s how two different districts are navigating times of change with data that considers the whole picture.
Content provided by Zonda Education
Reading & Literacy K-12 Essentials Forum Strategies to Create a Culture of Reading in Schools
Join this free virtual event to learn how teachers and school district leaders ensure students are reading enough.

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 Opinion The Education Wisdom Our Readers Keep Revisiting: Top 10
These opinion blog posts and essays have made a lasting impression on readers.
1 min read
Trendy halftone collage cutout elements. Laptop, rising arrow chart, gears, handshake, watch, magnifier. Idea, teamwork, brainstorming and success concept Modern retro vector illustration
Cristina Gaidau/iStock
Education Opinion The Opinions EdWeek Readers Care About: The Year’s 10 Most-Read
The opinion content readers visited most in 2025.
2 min read
Collage of the illustrations form the top 4 most read opinion essays of 2025.
Education Week + Getty Images
Education Quiz Did You Follow This Week’s Education News? Take This Quiz
Test your knowledge on the latest news and trends in education.
1 min read
Education Quiz How Did the SNAP Lapse Affect Schools? Take This Weekly Quiz
Test your knowledge on the latest news and trends in education.
1 min read