Many state pension programs have been underfunded, and this issue is creating fiscal problems. Discuss ways to

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Many state pension programs have been underfunded, and this issue is creating fiscal problems. Discuss ways to address this issue.

You are the human resources director for the Kenbar School District and have been charged with totally redesigning the teacher benefits and compensation system. The superintendent and school board have charged you to be creative in developing this new system. They are interested in a modern and leading-edge program that supports teacher accountability and motivation. One board member stated that “we don’t want to give teachers raises just because they live and breathe another year—it needs to be based upon performance.” Develop this comprehensive proposal with examples.
Consider some of these questions in your proposal:
1. Develop a few examples of different benefits and compensation programs.
2. Outline some of the advantages and disadvantages to the programs.
3. Develop a time frame for implementation.
4. What are some of the financial ramifications to the school district for these different compensation programs?

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