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Franklin Community Schools reviews proposed 2024–25 teacher contract with raises and VEBA retiree payments
Summary
District leaders presented negotiated 2024–25 contract terms with the Franklin Community Teachers Association that include a $2,390 base raise, a 2% one-time stipend, changes to sick-day banking and a VEBA retirement buyout structure; salary increases and retroactive pay are scheduled for the Nov. 24, 2024 paycheck.
The Chair read negotiated updates between the Franklin Community Teachers Association (FCTA) and Franklin Community Schools for the 2024–25 school year, outlining raises, benefit changes and retirement payments.
The proposal includes a $2,390 base pay increase per teacher, an additional $1,700 tied to evaluation, $3.45 steps for experience and $3.45 for instructional leadership. The package also provides a one-time 2% stipend calculated from base salary and the district will cover a 3.6% increase in health-care premiums while continuing a $500 stipend for HSA participants.
A new-hire salary schedule was presented that places a teacher with zero years of experience at $50,000 and reaches $70,002.50 at 25 years of service. The district said preliminary calculations show retroactive “catch-up” raises for some teachers with one to four years of experience ranging from roughly $6.40 to $776.25.
The proposal would increase the maximum bankable sick days to 120 (up from 90) and add a $1,000 increment to salary base once 90 accumulated days are reached. The board was told that existing certified employees who have already completed five years with Franklin Community Schools would have remaining accrued days added to their FCS sick day balances up to a 120-day maximum.
On retirement benefits, the district described VEBA deposits tied to unused sick-day tiers: $2,500 for 60 unused days, $5,000 for 90 days and $7,500 for 120 days. The district said sick-day buyouts would be paid into each retiree’s VEBA account and proposed a buyout rate of $90 per unused sick day. A one-time retirement incentive of $6,000 for retirements effective June 30, 2025, was also described.
Committee member thanked the FCTA and those who negotiated the agreement, and singled out Dina Gross, the district’s CFO, saying, “She served as the key negotiator in this process.”
The district said salary increases, stipends and any retroactive pay under the proposal would be distributed on the Nov. 24, 2024 paycheck. The transcript does not show a recorded formal vote on the full collective-bargaining package during the excerpt provided.
