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Pension plan eyed for Boston aged teachers
A Boston School Board sub committee led by David A. Ellis aims to start a teachers pension system before the next school year. A fund around $60,000 is planned for the first year to retire as many as possible on half pay, with a maximum for high earners. The plan involves city and teacher contributions, plus insurance funding. Retirement age is set at 65, with later plans for physically incapacitated cases.
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Boston
David A. Ellis
Ellis
Post
Gratis
New York