Friday, February 18, 2011

Average Annual Compensation for Milwawkee Public School Teacher: $100,005

Milwaukee is the largest city in the state of Wisconsin, where the public union teachers are staging the protests against the governor's budget rescue bill.

$100K per average teacher. I hate to think how much those school superintendents and administrators get. And that $100K per teacher hasn't done much to improve the Milwaukee Public School system.

The link to MacIver News Service at McIver Institute in Wisconsin was clearly overwhelmed with clicks (the link appeared on Drudge Report) but I've finally got there - here's the snippet:

MacIver News Service – For the first time in history, the average annual compensation for a teacher in the Milwaukee Public School system will exceed $100,000.

That staggering figure was revealed last night at a meeting of the MPS School Board.

The average salary for an MPS teacher is $56,500. When fringe benefits are factored in, the annual compensation will be $100,005 in 2011.

The accompanying video says:
  • $56,500 average salary is more than double the city's average salary;

  • It is more than the median family income of $42,950; and

  • MPS graduation rate is 68%, compared to 90% statewide.

A poster on Yahoo's stock board who lives in Wisconsin says that the state employees in Wisconsin do not contribute to the pension fund, and pay only 0.5% of health care premiums. (BTW, trolls defending the public union teachers in Wisconsin suddenly appeared on the board for a double-short financial ETF... Fun to watch.)

And a clown like Jessie Jackson likens the protest to anti-government fights in Egypt and Tunisia, and these public union teachers go ecstatic.



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