4 Burst results for "I. Ski Macgyver Institute"

"i. ski macgyver institute" Discussed on Vicki McKenna

Vicki McKenna

07:49 min | 1 year ago

"i. ski macgyver institute" Discussed on Vicki McKenna

"Ahead. For those of you joining me after the three o'clock hour. In. Madison We'll talk about the assault on the churches by Dane County. We'll talk about what's going on in Minneapolis and how that has apparently just organically spread across the Midwest, but I. Ski macgyver Institute is on the program with me to talk about the Milwaukee School. System Milwaukee School, system. Is broke the Milwaukee. School system is operating in a deficit I'm looking at the numbers that you have posted in your latest piece, so. This current fiscal year sees the district's total balance sheet, a five hundred fifteen million dollar half a billion dollar loss. When you project it out to twenty twenty four, you can add another three hundred four million dollars, and then if you take a look at the unfunded pension liabilities, you're talking about a billion dollars, so that's a lot of money to be in the whole and yet. Apparently, it's just a whole. The Milwaukee Public School system would like to continue to dig. That is absolutely true. Vicki Yup, what we're seeing here yet again as the NPS sport just refusing to face any sort of fiscal realities. So. What's going on here? I mean they're piling more dollars on two on the pensions. They want to make easier to retire younger. And they want greater contributions to the pensions. Act Ten says that we're going to go back to the old Wisconsin State Law that never changed by the way this is just saying we're going to follow the law. You employees have to make a fifty percent contribution for your pension. That's not the fifty percent of the album fifty percent of the investment we, the government will make the other fifty percent, and that seems rational because it was taking away the employees contribution that got pension so far out of whack so. Is this like some kind of screed kind of fiscal screed against at ten? You know I don't know specifically how it interacts with Han, just knowing how how expansive that law was. What I do know was that when Acton was put into place one of the things that really saved a lot of districts including of Yes for a time was it gave districts the ability to? Change up their contracts and their plans for retirement pension, all of these sorts of benefits in ways that they didn't have the freedom to do book for because everything was put at the collective bargaining table, and so, what was forwarded by one of the Committees for the full board to vote on last night was the plan That was let NPS empl employees who are hired before June thirtieth of two thousand thirteen. It would let them retire h fifty five. Five if they have worked at the district for fifteen years, and they have saved at least seventy percent of their sick leave balance so ultimately what? The board actually approved very late last night, they we just published a story on this I believe in the last fifteen minutes actually The district went a slightly cheaper route, not by much because this will feel at about eight million dollars overall bringing the unfunded pension liability to close to a billion dollars. the one thing, but the board changed from the original recommendations that I had my story yesterday was that they are requiring employees serve at the district for at least twenty years in order to get this kind of benefit. So twenty years full pension. and. You can retire I. Mean You have to be fifty five, or can you work years and be and be forty five? It's it. You need to have all three of those things, so it'll be eight at age fifty five. If you have worked there for at least twenty years and banked at least seventy percent of your sick leave ten months old, I wanNA. What's the return on investment for the Milwaukee Pensions Right now? Not to cover billion dollars. So so that is important to the educational outcome Y. Well you know what we are told apparently is, but this is a promise that needs to fulfilled not only to the NPS, teachers the NPS employees as a whole You know they're still pushing this idea that if we focused on retention focus on upping those benefits for every employee that somehow magically that will improve our academic capabilities for students, as as you know as we were just talking about NPS has long struggled with their chief met right now. They're sitting sixteen percent proficiency for math. In the last year, about eighteen and a half proficiency percents proficiency for English Language Arts with extraordinary discrepancies between racial ethnic groups. So yet again, what we're seeing is NPS is choosing to. Prioritize really it's it's unions and those bargaining groups over the types of academic. Focus that we really in right right right? That's exactly the problem. So for sixteen percent proficiency math, eighteen percent proficiency in English for about ten percent proficiency for black kids in English about eight eight and a half percent proficiency for black kids in math. The city of Milwaukee taxpayers ought to be footing the bill to the tune of a greater than one billion dollar deficit for a school system. That wasn't even an operation for the last three months of the school year. Yeah. You know news really. No savings from that from from kids, not being in the schools. Sure sure, of course not, and you know one of the things we've been talking about. And this was a heated topic of discussion. Last night was how much money the district is going to have to spend in terms of preparation. Four going back to the fall weather, we're GONNA need to still be social distancing very very contentious issue. They're thinking. They're going to have to spend. You know somewhere in the millions of dollars on things like peaky e. No honestly so they need to spend more money. Because they they didn't have school for three months, so they need to spend more money. They can't save any money for not having school for three months. That is my understanding. I think you know this is something. They were debating back and forth for for a very long time. about what exactly that's GonNa look like. The district has put out or approved a final plan for the fall yet but we do know you know right now. They are face a hang a their position. Their balanced so to speak what their their checkbook looks like. They're five hundred fifteen million dollars in the red Yeah, that's not including the pension liability. That's not even talking about their operating funds, which three years from now is looking at a north of three hundred million dollar deficit as well so this is really significant and and This money is this issue is not going to go away. This is why board in two thousand thirteen use. Some of those tools that act ten gave it to try and address. Some of these issues You know so I think this is something that's not going.

NPS Milwaukee Milwaukee School Milwaukee Public School Minneapolis Midwest Dane County I. Ski macgyver Institute assault Madison Vicki Yup Wisconsin Han Acton
"i. ski macgyver institute" Discussed on Vicki McKenna

Vicki McKenna

06:34 min | 1 year ago

"i. ski macgyver institute" Discussed on Vicki McKenna

"Programs. Mcknight show browned on the show today. Yes still ahead for those of you joining me after the three o'clock hour in Madison We'll talk about the assault on the churches by Dane County. We'll talk about what's going on in Minneapolis. And how that has apparently just organically spread across the Midwest. But I ski. Macgyver institute is on the program with me to talk about the Milwaukee School System. Milwaukee school system is broke. The Milwaukee School system is operating in a deficit. I'm looking at the numbers that you have posted in your latest piece. So this current fiscal year sees the district's total balance sheet. A five hundred fifteen million dollar half a billion dollar loss when you project it out to twenty twenty four you can add another three hundred four million dollars and then if you take a look at the unfunded pension liabilities you're talking about a billion dollars so that's a lot of money to be in the whole and yet apparently it's just a whole. The Milwaukee Public School system would like to continue to dig. That is absolutely true Vicki. Yup what we're seeing here yet again as the NPS sport just refusing to face any sort of fiscal realities. So what's going on here I mean they're piling more dollars on two on the pensions. They want to make easier to retire younger and they want greater contributions to the Pensions Act. Ten says that we're going to go back to the old Wisconsin State Law. That never changed by the way. This is just saying we're going to follow the law you employees have to make a fifty percent contribution for your pension. That's not the fifty percent of the album. Fifty percent of the investment we. The government will make the other fifty percent and that seems rational because it was taking away the employees contribution that got pension so far out of whack. So is this like some kind of screed. Kind of fiscal screed against at ten. You know I don't know specifically how it interacts with Han. Just knowing how how expansive that law was what I do know was that when Acton was put into place one of the things that really saved a lot of districts fleeing of Yes for a time was it gave districts the ability to change up their contracts and their plans for retirement pension all of these sorts of benefits in ways that they didn't have the freedom to do book for because everything was put at the collective bargaining table and so what was forwarded by one of the Committees for the full board to vote on last night was the plan That was let. Nps empl employees who are hired before June thirtieth of two thousand thirteen. It would let them retire. H fifty five if they have worked at the district for fifteen years and they have saved at least seventy percent of their sick leave balance So ultimately what the board actually approved very late last night they. We just published a story on this. I believe in the last fifteen minutes actually The district went a slightly cheaper route. Not by much because this will feel at about eight million dollars. Overall bringing the unfunded pension liability to close to a billion dollars The one thing but the board changed from the original recommendations that I had my story yesterday was that they are requiring employees. Serve at the district for at least twenty years in order to get this kind of benefit so twenty years full pension and you can retire. I mean you have to be fifty five or can you work years and be and be forty five. It's it you need to have all three of those things. So it'll be eight at age fifty five if you have worked there for at least twenty years and banked at least seventy percent of your sick leave ten months old I wanNA. What's the return on investment for the Milwaukee? Pensions Right now not to cover billion dollars so so that is important to the educational outcome. Y Well you know what we are told apparently is but this is a promise that needs to fulfilled not only to the NPS teachers the NPS employees as a whole You know they're still pushing this idea that if we focused on retention focus on upping those benefits for every employee that somehow magically that will Improve our academic capabilities for students. As as you know as we were just talking about Nps has long struggled with their chief met right now they're sitting sixteen percent proficiency for math in the last year about eighteen and a half proficiency percents proficiency for English Language Arts with extraordinary discrepancies between racial ethnic groups. So yet again. What we're seeing is. Nps is choosing to prioritize really. It's it's unions And those bargaining groups over the types of academic focus that we really in right right right. That's exactly the problem. So for sixteen percent proficiency math eighteen percent proficiency in English for about ten percent proficiency for black kids in English about eight eight and a half percent proficiency for black kids in math the city of Milwaukee taxpayers ought to be footing the bill to the tune of a greater than one billion dollar deficit for a school system. That wasn't even an operation for the last three months of the school year. Yeah you know news. Really no savings from that from from kids not being in the schools. Sure sure of course not and you know one of the things that we've been talking about and this was a heated topic of discussion. Last night. Was how much money the district is going to have to spend in terms of preparation. Four going back to the fall weather. We're GONNA need to still be social distancing.

NPS Milwaukee School System Milwaukee Nps Milwaukee Public School Midwest Minneapolis Dane County Mcknight ski assault Madison Wisconsin State Law government Acton
"i. ski macgyver institute" Discussed on Vicki McKenna

Vicki McKenna

04:11 min | 1 year ago

"i. ski macgyver institute" Discussed on Vicki McKenna

"Ahead. For those of you joining me after the three o'clock hour. In. Madison We'll talk about the assault on the churches by Dane County. We'll talk about what's going on in Minneapolis and how that has apparently just organically spread across the Midwest, but I. Ski macgyver Institute is on the program with me to talk about the Milwaukee School. System Milwaukee School, system. Is broke the Milwaukee. School system is operating in a deficit I'm looking at the numbers that you have posted in your latest piece, so. This current fiscal year sees the district's total balance sheet, a five hundred fifteen million dollar half a billion dollar loss. When you project it out to twenty twenty four, you can add another three hundred four million dollars, and then if you take a look at the unfunded pension liabilities, you're talking about a billion dollars, so that's a lot of money to be in the whole and yet. Apparently, it's just a whole. The Milwaukee Public School system would like to continue to dig. That is absolutely true. Vicki Yup, what we're seeing here yet again as the NPS sport just refusing to face any sort of fiscal realities. So. What's going on here? I mean they're piling more dollars on two on the pensions. They want to make easier to retire younger. And they want greater contributions to the pensions. Act Ten says that we're going to go back to the old Wisconsin State Law that never changed by the way this is just saying we're going to follow the law. You employees have to make a fifty percent contribution for your pension. That's not the fifty percent of the album fifty percent of the investment we, the government will make the other fifty percent, and that seems rational because it was taking away the employees contribution that got pension so far out of whack so. Is this like some kind of screed kind of fiscal screed against at ten? You know I don't know specifically how it interacts with Han, just knowing how how expansive that law was. What I do know was that when Acton was put into place one of the things that really saved a lot of districts including of Yes for a time was it gave districts the ability to? Change up their contracts and their plans for retirement pension, all of these sorts of benefits in ways that they didn't have the freedom to do book for because everything was put at the collective bargaining table, and so, what was forwarded by one of the Committees for the full board to vote on last night was the plan That was let NPS empl employees who are hired before June thirtieth of two thousand thirteen. It would let them retire h fifty five. Five if they have worked at the district for fifteen years, and they have saved at least seventy percent of their sick leave balance so ultimately what? The board actually approved very late last night, they we just published a story on this I believe in the last fifteen minutes actually The district went a slightly cheaper route, not by much because this will feel at about eight million dollars overall bringing the unfunded pension liability to close to a billion dollars. the one thing, but the board changed from the original recommendations that I had my story yesterday was that they are requiring employees serve at the district for at least twenty years in order to get this kind of benefit. So twenty years full pension. and. You can retire I. Mean You have to be fifty five, or can you work years and be and be forty five? It's it. You need to have all three of those things, so it'll be eight at age fifty five. If you have worked there for at least twenty years and banked at least seventy percent of your sick leave ten months old, I wanNA..

Milwaukee School NPS Milwaukee Milwaukee Public School I. Ski macgyver Institute Dane County Minneapolis Midwest Vicki Yup assault Madison Wisconsin Acton Han
"i. ski macgyver institute" Discussed on News Talk 1130 WISN

News Talk 1130 WISN

07:15 min | 3 years ago

"i. ski macgyver institute" Discussed on News Talk 1130 WISN

"Baking. Soda baking soda got a lot of. Baking sodas here Adolf meat tenderizer made into, a paste I actually have. Some of that have. Meat tenderizer here, is crushed, aspirin made, into a paste here's crushed aspirin and Epsom salts. Here's absence salts alone here's hot water Bad bomb rubbing alcohol. I've got all of. This at home Might as well just try it until something works right my favorite was a guy who sent me a link to a product called an, issue stopper, which was. An electronic device that cost sixty dollars It looks like a hand held, tens machine those. Are you familiar with that if you've ever had bought. A tens machine because you went to a chiropractor or something like that and it shoots a current into. The area on it disrupts the toxins so. I've got one of. Those at home as well I'm gonna. Try all of these. Things because I've got every single one of the items except bag balm I've got all of them at home already I'll report back tomorrow I'll let you know right now though I have a. Kangol. My left ankle is a chemical swollen up from many mosquito bites that I think are just overwhelming my system and it makes it look like I don't know like I've sprained ankle Kinkel it's what we call them right I never thought I'd sympathize with Hillary Clinton All right but I'm gonna try your remedies I don't know about the swelling I'm a little worried about that I hope that doesn't mean. Like what's gonna. Fall off or something like. You guys know what's going. On. With Dan Connery got bit by a spider Almost lost a. Leg so I don't I don't. Want I'm not rolling the dice I want to get to the point where I almost have to go to a. Hospital or something like that okay Ola Sal, ski macgyver institute is standing by on the phone to talk about a report that took a look at the savings under act ten but we just decided to focus on the benefits and specifically healthcare what you find if you look at pre-act posttax ten is you find over three billion, dollars in, savings. Just on the cost of benefits which. Ought to. Let you know the kind of money we're talking. About to support public employees in Wisconsin and. Ola is standing by on the, phone high Ola Vicki thanks for having me my my pleasure all right so this is not a small amount of money. This is a very large amount of money we're talking over three billion dollars and this is even with school districts that are not in, full, compliance with the act. Ten rolls or. At least best. We can tell they're not. In full compliance or even any kind of compliance with the act tendrils which are asking requiring employees to pay. Twelve Percent of their health insurance premium so I mean this is not insubstantial dollars here that's right it is a massive amount of money and this is really the first time thanks to provision in last, year's budget, that. Taxpayers can see act ten impact on. Health care. Spending all in one place and it is stunning. Just looking at the trend at the trend. Line in the years before ten, benefits spending had been increasing a bit over four percent every year and had that continued districts would be paying almost sixty. Percent more today in benefits alone that's not money reaching the classroom that's not renovating buildings buying new textbooks anything like that that is benefits alone Healthcare benefits alone That's correct and, so you know what? Does that mean I think it helps to explain why it seems like we're always spending more and more and more on education and yet why it's. Never quite enough there are so many places the taxpayer dollar is picked apart before everyone. Reaches the classroom, and so. Yes that is that's what we find in this new report released by the away and benefits. And the large the biggest share of this is. Healthcare benefits alone but, as you said school districts have, saved three point two billion dollars in benefits costs since act so we can break down some of. The numbers here let's do. That at all because the thing is it's not just saying it's not, just three point two billion dollars that have, come out, of let's say teachers or. Public employees pockets that's not what we're. Talking about here it's it's. Mainly two, things number one the ability the ability to negotiate for lower cost plans and a little bit coming from an In. Not even. Everyone but, a little, bit coming from the? Employees to cover the cost now remember folks it's about twenty five percent is what the average private sector employees. Pays toward the health insurance coverage that. You get at work so we're in Wisconsin we only ask for twelve lots and lots. Of places don't, even mandate. Twelve if any but most of it is because now the the various different government agencies school. Districts can can go sheet for lower pay for. Lower cost plans in, the first place that's right and, so before at ten what we saw was about a third of district had healthcare plans where employees. Paid nothing towards their monthly. Premiums for family plans if you think about those numbers I mean it's, just astounding that's well over a thousand dollars, closer to, fifteen hundred dollars per month. Per employee for health insurance alone about. A third of districts were. On that, type of, system today five and a half percent of districts cover monthly premiums in their entirety For those family plans Illegal do we know if that's even legal You know so here's here's the top part is that originally a lot of people were talking about the intentive Aktan was to get employees to pay at least. Twelve percent towards their healthcare bills in, general now most, people focus on our premiums but of course as we know monthly premiums are. The only portion of your health care Bill so it is kind of tricky to figure out and you're not gonna get the answer as to whether they're compliant or whether they're not just by looking at those premium because what, you've seen what's happened since two thousand ten a big trend. In healthcare, are high deductible plans with HSA's so four the districts that that employees contribute less than twelve percent towards their monthly premiums more than half, of those districts use high deductible health plans which means that employees are now investing in their. Own healthcare cost sharing the that Bill Oh a little bit more at least better than they were before so it's, not quite as simple as okay they have do they reach the percents premium or not What we know is that has the way. They deliver healthcare has changed significantly but so backing it up just looking at those premiums a big part like I said was. Just looking at that to start with and now, we know that the lion's share of school districts, are requiring that their employees pay twelve percent towards their premiums back then in. The two thousand ten eleven school year the average premiums across all districts. Was three, point eight percent for a single plan or.

Wisconsin aspirin Ola Sal Hillary Clinton intentive Aktan Ola Ola Vicki a. Kangol HSA Dan Connery two billion dollars twelve percent fifteen hundred dollars three billion dollars twenty five percent thousand dollars Twelve Percent