MPS freezes teachers¹ supplemental pension, ends it for new hires

April 8, 2012   // 0 Comments

After Board approval last week, change to save $5 million annually starting in 2013-14 MILWAUKEE (April 5, 2012) ­ Milwaukee Public Schools will freeze a supplemental pension for existing teachers effective July 1, 2013 ­ and end it for any teachers who join or re-join the district after that date ­ in a move expected to save the district $5 million in annual contributions beginning in the 2013-...

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