Russell J. Moore of the Warwick Beacon reports that the American Federation of Teachers has a longer-then-usual-term proposal for addressing the school financing situation in Warwick…
The American Federation of Teachers (AFT) is asking the school department to seriously consider offering teachers a retirement incentive that they believe would save the department millions without compromising the quality of education.
The plan, which has already been implemented in communities throughout the country, would pay teachers somewhere between $50,000 to $70,000 over a five-year period if they agreed to either retire or resign.
The move, argues Jule Gould, a National representative of the AFT, would save money by allowing the district to either hire new teachers at a step one pay scale—just over $30,000 per year—and replace step 10 teachers, who earn close to $70,000 per year. Or, he said, the district could opt to not replace the teachers at all.
The buyout plan would allow the district to reduce staff without violating their layoff clause, which only allows them to layoff 20 teachers per year.
The Warwick Teacher’s Union has ran ads in the Beacon in recent weeks, stating the union “has been exploring ways to save funds while keeping standards high for each and every Warwick student.”
While the ad isn’t specific as to what it is referring to, the AFT confirmed that a buyout plan, at this point, is all they have in mind.