The National Teachers Subsidy Act Changes Teachers Salaries!


 The proposed National Teachers Subsidy Act is designed as a modern disruption of the traditional way teachers are paid. The National Teachers Subsidy Act contains the following elements:

1. 1. A 5-year guaranteed salary from the Federal Government as a Subsidy.

1.2 The pay of $35,000.00 a year for 5 five years. This is broken down into a monthly stipend.

1.3. The payment shall be exempt from Federal, State income taxes.

1.4. The subsidy grants a $5,000.00 bonus after five consecutive years.

1.5 The subsidy applies only to public school teachers who work in k-12 grades. Teachers must have a B.A. or B.S. degree.

1.6 The subsidy is paid in addition to the regular contracted salary.

1.7. Administrators are prohibited from substituting or reducing the district's yearly salary. The Federal subsidy works in conjunction with the District salary.

1.8. The program shall be administered by the Department of Education.

1.9 Teachers apply directed through a web application to the Department of Education. Teachers must show proof of yearly contract and faculty identification. The Department of Education shall forward the records to Internal Revenue Service for tax-exempt status.


The intent of the National Teachers Subsidy Act is  to allow for competitive salaries for public school teachers with a college degree. The goal is to increase the number of public school teachers and allow teachers to meet the changing needs of an inflationary economy. Teachers will be able to invest and save their money and apply for graduate-level courses to increase their movement on the salary schedule.

Comments

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