The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1921-01-20
ALTER TEACHERS
PENSION LAW
Retirement Fund Act to Be Put
on Sound Basis.
NOW A FINANCIAL HAZARD"
New Plan Provides That Every Teach
err Who Contributed Will Receive
All of the Benefits That
Were Promised.
BY FRED [. HOLMES.

| Dy FhED L. T1OLWEO.
Madison, Jan. 17.-Thut the teach
| ers' retirement fund law must undergo
many changes at this session of the leg
| isIature to develop it from financial
hazard to sound institution is the
statement of Senator Anton Kuckul,
who as chairman of the legislative
! committee, spent the year making a
complete investigation. The report of
the committee is now being tentatively
formulated and will soon be ready for
presentation to the legislature, In ar
irving at the conclusions the commit
tee has had the aid of the teachers
| committee for the state and the advice.
Of nearly 1000 teachers who attended
the hearings or wrote letters
The legislative committee which
made this investigation IS composed Of
Senator Anton Kuckuk, Shawano, and
Senator George b. Skogmo, River
Falls, and Assemblymen Riley S.
Yong, Walworth county; Il. NJ. Hansen,
Waupaca county, and John 7. VIII
liams, Iowa county.
"The present Wisconsin teachers re
t;ro,,ort frnd - fl, ,,,.b q .trofto,od
fnanota1 cnnditi,n fh,t Some action
,nn.t ho t,r.on Inv tho Iooi.I,+nro IN
rur II or a snnpa and no,.r,onnnt fpoD-
cial footing" said senator Anton Kuc-
mi. ,b.,f,,,,p "Vfn, ,,n c,.opo,otior
of tro to,.b.rs and interested rnopIo.
og no stotn now. rl.n Inns baan
,,.,,l.,,l ont v.li.I, ......,1,, ,h,r,,, t,,
sropn of rho present law
"First If OH oyor,. teo,bor who has
mode concentrations +, tbn nrn,nnt
to,cbors fund Iov. will rnraiva nil of
+ba benefits tbot uroro nromisnd Their
o,nrv rirbr ond nriviIpoa has bnen so-
crodIv Guarded
"Tbe tentative nIon which we are
dave,onino will NOT only no nnen tn tho
teacbers outside of milwaukee,. bur
normal school teachers and the univpr-
sity staff may be- brought within its
provisions If the legislature SO desires.
The essential care of the new pIau is
that if is designed to aid in old age.
the teacher who desires flo dedicate her
life TO the state Under the present
law each teacher is contributing from
/ per cent TO > por cent Of her salary
TO the support of the fund. In round
numbers II 600 of These teachers nc
cordiug To the statistics gathered. never
intend TO follow the teaching profess
Sion and ,7ldura follow Sc for - Ie,,-~.
period than five years. Out of 100
teachers entering the profession II are
in the service at the end of . years
"Ihis Immediately brings the plan
down to basis of aiding those VINO
have a likelihood of Following the pro-
fesSion. All teachers in the state over
the age of twenty-five years must make
contributions to the teachers retire
ment fund. It is proposed to take
contribution out of the teachers salary
of per cent AT the eha OF earh year
the state VIII make a cohlrlbutoh ue-
termlned by the amount OF the tea'H-
erS deposits ana increasing win tlle
length OF service Inc sums paId by
the state ana the teacher are creuiteu
TO separate account kept by ihe state
in the name OF the teacher.
Under the present law, 10 draw the
annuity a teacher can only Wlthara"
before. Under the plan now proposed