Friday, February 25, 2011

Wisconsin Teachers' Fringe Benefits Per Dollar Salary Are 3 Times The Private Sector Rate

From The Wall Street Journal, "Oh, To Be a Teacher in Wisconsin: How can fringe benefits cost nearly as much as a worker's salary? Answer: collective bargaining." by Robert M. Costrell.
The showdown in Wisconsin over fringe benefits for public employees boils down to one number: 74.2. That's how many cents the public pays Milwaukee public-school teachers and other employees for retirement and health benefits for every dollar they receive in salary. The corresponding rate for employees of private firms is 24.3 cents.
Read the complete article here.

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