Commentary On The Madison School District’s Benefit Spending (achievement Benefits?)
For context, Wisconsin employees who get health insurance through their work pay about 22 percent of the annual premium, on average, or about $1,345 a year for single coverage, according to 2015 data from the Kaiser Family Foundation. The average salary for a private- sector worker in Wisconsin was $45,230 in 2015, according to the Bureau of Labor Statistics.
Madison teachers made, on average, $55,600 a year last school year and contribute 3 percent of premium costs, or about $205 a year for single coverage. Bringing that contribution up to 12 percent would mean the average teacher contributing about $600 more per year for single coverage.
While spending more than most ($18k/student), Madison’s benefit spending is substantial. This, despite its long term, disastrous reading results.
Related: an emphasis on adult enployment.