Waterbury evening Democrat., 1904-12-12
TINKERING WITH THE SCHOOLS.
Bill Which It is Proposed PassCOncerns Pensions Tenure of Office and Other Matters of Importance
 to Our Present School System

4ue DOdEu or GQuCdtAol4E "4A4 AiO4o NtA- important meeting this evening Among the things to be considered anC acted upon is the following:
 An Act to provide for Tenure of of
 fee for Public School Teachers and
 for the Creation and Disbursement
 of a Public School Teachers Retire
 ment Fund in the City of Water
 bury.
 It is enacted by the General Assembly
 as follows:
 Section 1. The teachers, prin- cipals and superintendent of the de- partment of education of the city ot Waterbury who have been in office for three years and those hereafter ap' pointed, after a probationary service of three years. shall hold their othce and membership in said department until dismissed for cause by a two thirds vote of the board of education in regular session.
 Section 2. The salaries of all per sons affected by this act shall be fixed by the board of education at such times as it may determine but in no case shall they be increased or de- creased except by a two-thirds vote of the board of education in regular sessions
 Secuon 3. The board of education of the city of Waterbury shall have power to establish what shall be known as the Public School Teachers Retirement Fund, which fund shall be administered by the board of trus- tees hereinafter provided for. Said fund shall consist of:
 First. All moneys received from donations, legacies, gifts, bequests, or otherwise, for or on account of said fund.
 Second. A deduction shall be made for all time lost by teachers and such money shall be added to this fund. This does not include superintendents or principals.
 Third The board of finance of said city upon recommendation of the board of education shall reserve from the January payroll in each year and cause to be turned over to treasurer of said fund one per cent of the sal aries paid to the teachers, provided that no person shall be assessed for for than one per cent of twelve hun dred dollars per annum.
 Seetion 4. The president or chair man of the board, the superintendent of schools. the city treasurer of the city of Waterbury who shall be ex- Of1c1o the treasurer of said fund, and three representatives to be elected an- nually in September by the teachers of the public schools, shall form board of trustees shall have power to invest the same as shall be deemed by them most beneficial to said fund and shall make payment from said fund of annuities granted in pursuance of this act; and shall from time to time make and establish such rules and regulations for the administration of said fund as they shall deem best.
 Meetings of said board of trustees shall be held on the second Wednes- day of January, May and September of each year.
 Section ,. Whenever a teachers payroll shall be certified to the board of finance for payment, it shall eon- tainua statement of the amount ttp Ke deducted for lost time from the 'EaIdrgg of each teacher in accordance with the provisions of this act, shall be subject to the order of said board of trustees signed by the president and secretary of said board.
 Section 6. Every teacher who has annually contributed to said fund in accordance with the provisions of this act for at least five years, or who shall at one time have paid an amount equal to five years contributions, and shall have taught not less than thirty years in Waterbury, may be retired by vote of the board of education and shall have the right voluntarily to re- tire from such service and become a beneficiary under this act; and every teacher so retired or retiring shall be entitled to an annuity for the remain der of his or her life, to be paid by said board of trustees out of said fund, equal to one half of the salary of such teacher at the time of such retirement, at the same times and in the same proportions as the salaries of teachers are paid: Provided. that the annuity paid shall in no case ex- ceed six hundred dollars in any one year.
 Section z. In case the fund shall be insuficient to pay the annuities provided for in section of this act, the city of Waterbury shall make an amount of one per cent of the salaries paid to teachers. Any further sum required for this shall be assessable equally between the teachers and the city of Waterbury.
 Section s. The provisions of this act shall apply only to officers and teachers employed by the board of ed- ucation of said city.
 Section 9. Tn the case of the dis missal of any beneficiary under this act all yearly assessments shall be re- turned to said person.
 Section TO- All acts and parts of acts inconsistent with this act are hereby repealed
 Section II. This act shall take eff feet on and after its passage.