DEA's own Richard Heath was featured on the front page of the Davis section of the Ogden Standard Examiner on Saturday, November 14. You can select the link below to read more.
Monday, November 16, 2009
Richard Heath, Executive Board Member, Leads Layton Main Street Band
DEA's own Richard Heath was featured on the front page of the Davis section of the Ogden Standard Examiner on Saturday, November 14. You can select the link below to read more.
Saturday, November 14, 2009
Interim Committee Considers Changes to Retirement System
Following the presentations by actuaries and auditors, the committee listened to comments for about an hour. Kory Holdaway, the new UEA Government Relations Director, addressed the committee. Along with representatives from other groups, he encouraged caution and discouraged overreaction. "There have been some bumps; there have been some challenges... [but] we need to give it some more time," said Holdaway. He cautioned the committee not to act until we know how much more the economic recovery will grow the fund.
It is important to note that before the economy declined in 2008, Utah's retirement system was among the most sound in the country and it continues to be secure and is regaining ground. DEA and UEA will continue to follow the developments on retirement and other funding issues over the coming months. Watch the space for updates.
You can visit the committee's web site and view the documents at this link:
http://le.utah.gov/asp/interim/Commit.asp?Year=2009&Com=INTRIE
Wednesday, November 11, 2009
Meet Executive Board Member Bruce Illum
I have been a member of the Association since I began teaching in 1988. My mother was a lifetime member (30 yrs teaching) and I spent many hours in my younger years growing up in her 3rd grade classroom for many hours each summer. (I became a bulletin board expert at 12) I learned to value the association she had with her colleagues. When I began teaching the first thing she asked was if I had joined the association. She felt it so important that she offered to pay my first year’s dues, saying that the association and protection it offers are well worth the cost. She made a point that my family, home and reputation are worth far more than the cost of the dues. I have since learned this to be true. But the greatest asset to membership and becoming involved in the association has brought me friendships, professional relationships and experiences with the wonderful educational community that could not be gotten anywhere else. Relationships to build the teaching profession can be a very powerful tool and it is though our “association that these are fostered and strengthened."
You can reach Bruce at billum@dsdmail.net.
Tuesday, November 10, 2009
Meet Executive Board Member Jennifer Tanner
"I joined the association after seeing the lengths to which it goes to advocate for members. DEA does an excellent job of finding a balance between the need to be a partner with the district and their role as an advocate for teachers. As a newer member, even though I loved DEA, I sometimes felt less satisfied with my membership in NEA and wondered if they really represented me. With time I have come to see how DEA, UEA, and NEA have worked together to improve working conditions for teachers and education for students. Even as a conservative teacher in a conservative state, I really feel like "I am the NEA"; and I am a better teacher because of it."
You can contact Jennifer at jtanner@dsdmail.net
Monday, November 9, 2009
Editorial Support for Education Funding and Ethics Reform
http://www.sltrib.com/opinion/ci_13732217
The second is regarding ethics reform from Monday, November 9.
http://www.sltrib.com/opinion/ci_13745592
Both of these call for action by the legislature during the upcoming session.
Please share these links with others who might be interested.
Friday, November 6, 2009
Meet Executive Board Member Andrew Owens
I have a great personal interest in the quality of education for children. Clinton has been my home for the past 5 years, since moving from Las Vegas, where I taught middle-school choir, orchestra, Mariachi, general music, and where I went back to school. My wife is a music teacher, and my three kids are attending Davis County schools. I hope that their peers, colleagues, and teachers will be as committed to improving their educational and social environments by working for the best things in life."
You can email Andrew at waowens@dsdmail.net.
Thursday, November 5, 2009
Retirement at Risk
We have an assignment for you. Will you make a phone call or send an email to a legislator before next Thursday? It couldn’t be more important. Your retirement is at stake. Here’s the background:
The Utah State Legislative Retirement Committee is meeting next Thursday, November 12, to consider possible changes to the state retirement system for teachers and other state employees.
Dramatic changes are on the table, including switching all current, or all future state employees from a guaranteed retirement (Defined Benefit) to a variable retirement (Defined Contribution), in which the state would place a lower percentage of the employees salary in a 401k, and the employee’s retirement would be solely dependent on their skill and luck in where they invested that money, when they moved the money, and swings in the stock market, and the U.S. and world economy.
Other possible changes to the Utah Retirement System that are being discussed:
- Suspend or lower the 1.5 percent contribution to 401(k) or 403(b);
- Suspend or lower post-retiree employees’ (“double dippers”) contribution to 401(k) or 403(b);
- Extend the final average salary period (from the current three years to perhaps five years or more), thereby slightly reducing the retirement benefit;
- Increase the vesting period (i.e.: from four years to six years);
- Put a minimum age condition on the 30-year benefit (there is currently no minimum retirement age if you have 30 years in URS);
- Partial benefit payments until certain age (phase retirement);
- Reduce the multiplier from 2 percent of the final salary to 1.9 percent for each year worked;
- Require all new employees to participate in a defined-contribution system 401(k) or 403 (b);
- Reduce post-retirement benefits.
DEA Members should have received an email with instructions for contacting legislators. If you did not receive an email, please contact the DEA Office and we will send another.