Tag Archives: important

Bromwell Elementary Issue Makes the Case for Expanding School Choice

The Denver Post‘s Jeremy Meyer reports today on the latest from the Bromwell Elementary controversy: Parents who skirted district rules to get their children into a high-performing Denver school must go through the choice process for next year, a school committee said. Bromwell Elementary’s collaborative school committee met Wednesday to decide what to do with students from outside of the neighborhood who did not follow the district’s enrollment procedures. In one instance, a family enrolled by using a grandparent’s address. The committee said students who failed to prove they live within school attendance boundaries must enroll through the district’s choice process, which operates on a blind lottery. Superintendent Tom Boasberg must approve the recommendation. First, let me say that Denver Public Schools appears to be fairly treating people who tried to cheat the system. It isn’t right when one of my friends tries to move my checkers when I’m not looking, and it isn’t right for people to pretend to live at a different address so they can enroll their child into a different school. But the conversation can’t end there.

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"Deferred Compensation" for K-12 Employees Needs a Lot of Piggy Banks

I’m pretty smart for a 5-year-old. But sometimes I wander into a topic that’s just over my head. That doesn’t mean it’s not important, but it’s probably just best if I let the big people talk about it themselves. My friends in the Education Policy Center released a new Issue Paper today, called Deferred Retirement Compensation for Career K-12 Employees: Understanding the Need for Reform (PDF). It was researched and written by Dr. Michael Mannino from the University of Colorado Denver. Rather than try to explain the paper myself, here’s the summary from the Independence Institute website: To improve understanding of public K-12 retirement compensation, this Issue Paper provides historical estimates using a substantial sample of retiree characteristics and salary histories. Deferred retirement compensation from a hybrid defined benefit plan is defined as the difference between an employee’s estimated retirement account balance and the greater pension value she expects to receive. When accounting for K-12 employee compensation, large amounts of deferred compensation should be included. For the 846 Denver Public Schools retirees in the sample, average lump sum deferred compensation is $627,570. Wow, it would take a lot of piggy banks to put that much money in. But I think […]

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