Employers paying private school tuition

[Anonymous]

Is this a thing? I have an acquaintance that mentioned their friend's employer pays for private school. Are they mistaken or are there employers that actually offer this? If so, is it negotiated or just a given in certain fields?

[Anonymous]

Only IMF. Has big gold handcuff pension and pays 80% of each if your kids tuition bill once they get in and you decide. Must be non-American.

[Anonymous]

World bank and ifc stopped this perk years ago, but I think still grandfathered through existing kids in private schools.

[Anonymous]

Are they international? If not, that’s an amazing benefit!

[Anonymous]

Anonymous wrote:Are they international? If not, that’s an amazing benefit!

They are international.

[Anonymous]

I've seen this for highly valued faculty/researchers at private universities. If they are recruiting someone in from another school, they may pay private tuition for k-12 (in addition to whatever college benefits they get as faculty.)

[Anonymous]

Anonymous wrote:World bank and ifc stopped this perk years ago, but I think still grandfathered through existing kids in private schools.

IDB still offers the education remission benefit for expats (see below from website).

“Education Benefit for Dependent Children: By means of the Education Benefit IDB Group provides financial assistance to expatriate staff toward the cost of tuition of their dependent children (between 5 and 25 years old). The Education Benefit will be paid as a reimbursement at the end of the academic year, upon meeting the requirements set by the IDB Group at the rate of 50% of tuition for staff assigned to headquarters. Payment may include a subsistence allowance for room & board, tuition reimbursement and any payment of subsistence (If applicable) will be paid up to reimbursement cap established for the academic year.“

Pretty sure World Bank still does too. It’s an amazing benefit.

https://www.worldbank.org/en/about/unit/human-resources/education-benefits

[Anonymous]

It's a sign of tax fraud. I hope anyone using it is paying taxes on it, because that's what the manhattan ad eventually got Weisselberg on.

[Anonymous]

Anonymous wrote:It's a sign of tax fraud. I hope anyone using it is paying taxes on it, because that's what the manhattan ad eventually got Weisselberg on.

If you are referring to the IDB and other international organizations and benefits provided to foreign nationals working for them in the US, you should learn more about the tax rules applicable to them before making that kind of allegation.

[Anonymous]

Anonymous wrote:World bank and ifc stopped this perk years ago, but I think still grandfathered through existing kids in private schools.

Because it ended so long ago, it is unlikely that there are a substantial number of staff with school age children that are still eligible.

[Anonymous]

Anonymous wrote:

Anonymous wrote:World bank and ifc stopped this perk years ago, but I think still grandfathered through existing kids in private schools.

IDB still offers the education remission benefit for expats (see below from website).

“Education Benefit for Dependent Children: By means of the Education Benefit IDB Group provides financial assistance to expatriate staff toward the cost of tuition of their dependent children (between 5 and 25 years old). The Education Benefit will be paid as a reimbursement at the end of the academic year, upon meeting the requirements set by the IDB Group at the rate of 50% of tuition for staff assigned to headquarters. Payment may include a subsistence allowance for room & board, tuition reimbursement and any payment of subsistence (If applicable) will be paid up to reimbursement cap established for the academic year.“

Pretty sure World Bank still does too. It’s an amazing benefit.

https://www.worldbank.org/en/about/unit/human-resources/education-benefits

The World Bank has not offered education benefits for staff in their HQ offices since 1998.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's a sign of tax fraud. I hope anyone using it is paying taxes on it, because that's what the manhattan ad eventually got Weisselberg on.

If you are referring to the IDB and other international organizations and benefits provided to foreign nationals working for them in the US, you should learn more about the tax rules applicable to them before making that kind of allegation.

It's not the foreign workers posting on this site

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's a sign of tax fraud. I hope anyone using it is paying taxes on it, because that's what the manhattan ad eventually got Weisselberg on.

If you are referring to the IDB and other international organizations and benefits provided to foreign nationals working for them in the US, you should learn more about the tax rules applicable to them before making that kind of allegation.

It's not the foreign workers posting on this site

??? I know many foreign nationals with school age children in DMV private schools who work at these organizations who post here. I am guessing you are just not connected in those circles.

[Anonymous]

Anonymous wrote:

Anonymous wrote:World bank and ifc stopped this perk years ago, but I think still grandfathered through existing kids in private schools.

Because it ended so long ago, it is unlikely that there are a substantial number of staff with school age children that are still eligible.

Correct, long gone in college.

How would like to work alongside someone expat with 3 kids at WIS, essentially getting $150k gross more pay a year than you because of citizenship. Lots of people just stay in Dac for decades. Not rotating though the field, so it’s not like FSO where the kids are constantly relocating too.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's a sign of tax fraud. I hope anyone using it is paying taxes on it, because that's what the manhattan ad eventually got Weisselberg on.

If you are referring to the IDB and other international organizations and benefits provided to foreign nationals working for them in the US, you should learn more about the tax rules applicable to them before making that kind of allegation.

Yes. For example, all direct NATO employees are exempt from paying taxes to any NATO country. It was written into the NATO Treaty. Similar clauses often exist for other international treaty organizations.

Oh, and NATO employees who are expats get their children’s private school tuition paid also.