Teachers trade salary bump for increase in health insurance - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 5, 2024 Newswires
Share
Share
Post
Email

Teachers trade salary bump for increase in health insurance

Daily News, The (Wahpeton, ND)

The Breckenridge Public School District has been in negotiations with teachers regarding their contracts. Recently, the two sides reached a mutual agreement. Contracts saw a total package increase of 13.13%.

Salaries saw an increase of 3% for the 2023-2024 academic year that will be retroactively applied to July 1, 2023. An additional 3% increase will be applied for the 2024-2025 academic year.

The bargaining process went without a mediation service, something Superintendent Kristie Sullivan was proud to be part of in working together with the teacher group to reach what all agreed was a fair contract.

Fair, in a world of inflation that has an indefinite impact on public school finances such as labor and pensions. Add the pressure of underfunded mandates.

In the financial balancing act, teacher compensation is folded in with classroom resources and infrastructure, which poses a challenge with limited resources, according to Sullivan.

"We recognize the tremendous value our teachers bring to our schools. Our goal in negotiating contracts has always been to invest in our educators who provide direct support and instruction for our youth while maintaining fiscal responsibility for our stakeholders," Sullivan said.

Both sides made concessions in order to reach an agreement, according to teacher Stacy Busta, who was part of the negotiation committees. The teachers union agreed to a smaller increase to their salary schedule than desired.

In place of the larger salary bump, teachers agreed to add contract language and secure a vital increase to health insurance contributions, according to Busta.

"We are grateful for Superintendent Sullivan and the school board's willingness to work cooperatively with the union's negotiations team throughout this process," Busta said.

Sullivan expressed her appreciation for the school board and teacher negotiations committees. Sullivan recognized several teachers who are passionate educators that voluntarily advocate for their bargaining group and strive to enhance education.

"Amid inflationary pressures and budget constraints, they champion quality teaching, recognizing that investing in teachers directly impacts our youth's future. Their advocacy inspires me, and I admire their dedication to positive change in both our schools and the field of education," Sullivan said.

Older

Mark Farrah Associates Simplifies Analysis of the Medicare Advantage and Prescription Drug Plan Senior Markets

Newer

Teachers trade salary bump for increase in health insurance

Advisor News

  • Election 2026: Which of Berkeley's 7 ballot measures will pass?
  • How advisors can help frugal retirees finally enjoy their savings
  • Wealth planning vs. estate planning: Honoring your client’s wishes
  • What to discuss during the first retirement planning meeting
  • Inflation, competing priorities and uncertainty erode retirement security
More Advisor News

Annuity News

  • Equitable, Corebridge steam toward merger with strong Q3 annuity sales
  • Jackson Announces New Annuity Offering for AARP Members
  • National Life Group expands annuity portfolio
  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
  • USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
More Annuity News

Health/Employee Benefits News

  • My unhappy day in small claims court | Letters to The Republican
  • Enrollment is open for Affordable Care Act coverage. What do New Mexicans need to know?
  • A Smarter Approach to Employee Health Insurance Costs
  • Are GLP-1s Good for Business? The Jury Says …
  • Closing gaps in group disability coverage
More Health/Employee Benefits News

Life Insurance News

  • Unum Group Reports Third Quarter 2026 Results
  • First American Financial Corporation Appoints Darryl D. Button to Board of Directors
  • Corebridge Financial Announces Third Quarter 2026 Results
  • MassMutual announces record $3.3 billion policyowner dividend for 2027
  • Protective Completes Acquisition of Obsidian, Establishing Specialty Property and Casualty Business Line
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.