Reply to MCPS has a $40 million deficit in its Employee Benefit Plan (EBP)

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Reply to "MCPS has a $40 million deficit in its Employee Benefit Plan (EBP)"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]As a mid 40’s teacher I see mainly older teachers now.  Not enough young healthy staff to offset the expense us older staff.  Definitely a lot of deferred health problems and treatments this year for me.  Loads of staff out for longer lengths of time.  Many should retire but can’t due to golden handcuffs.

I know of at least one admin on wegovy.  They have been in and out of the hospital and in and out of leave due to major health issues.  Definitely not a beauty based weight loss reason as some might infer here.  People are just getting older and run into major life problems.  All these modern miracles in medicine are expensive.[/quote]

+1. Older workforce along with deferred healthcare treatments from during the pandemic, paired with inflation cost and shortages.[/quote]

+100 We work so many hours, we put ourselves and our health last in our priorities - a mistake that I have made.[/quote]

This issue is not specific to MoCo. Unless all the school districts vastly underestimated premiums, somebody messed up and now it is going to cost taxpayers and/or future employees a lot money. [/quote]

Correct. We should look to see PG County Public Schools, Howard County Public Schools and Frederick County Public Schools have similarly sized EBP deficits if this is just due to inflation and increased healthcare costs.

If they don’t, then you know someone at MCPS messed up.[/quote]

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