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Education Funding News in Brief

Cleveland Using Stimulus Aid for Teachers Close to Retiring

By The Associated Press — June 16, 2009 1 min read
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The Cleveland school district plans to use federal economic-stimulus money to pay the salaries of 200 veteran teachers until they retire in two years.

The deal begins in August and was approved June 9 by the district and union leaders. Teachers who volunteer to work as substitutes or tutors under the program must agree to retire before the federal money runs out in two years.

The 50,300-student district plans to then hire less-experienced teachers for an average savings of $40,000 in pay and benefits each over two years, or a total of nearly $8 million. The plan spares up to 100 jobs that would have been cut through layoffs or attrition.

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A version of this article appeared in the June 17, 2009 edition of Education Week

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