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April 8, 2012More Act 10 Enabled Changes Approved by Milwaukee Public SchoolsIn other words, MPS had a surplus of teachers because older teachers were not retiring so as not to lose state pension benefits. Hence, a second pension to offset any loss was created. However, since 1982 the early retirement penalty for teacher has been reduced or eliminated, turning the second pension into an additional benefit which MPS states it had "no intent to establish."Much more, here. Posted by Jim Zellmer at April 8, 2012 2:36 AM Subscribe to this site via RSS/Atom: Newsletter signup | Send us your ideas Comments
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