2012 Senate Bill 961 ↩

Senate Roll Call 242: The amendment was not adopted

To cut $1,000 per student from support to charter schools, unless they place their employees in the (heavily underfunded) school employee pension system. The money saved would pay for the optional post-retirement health insurance benefits now provided to school retirees (which unlike cash pension benefits, are completely unfunded). Almost all charter schools provide their employees 401(k)-type retirement benefits, rather than the "defined benefit" pensions and retiree health insurance granted to conventional school employees (a system that was ended for new state employees starting in 1997, and has become very rare outside of government).