The Fan VSN
Fill Up Fridays
Running For St Jude's Childrens Hospital
Fort Wayne Morning News with Charly Butcher
The Pat Miller Program
Money Talk with Chris Moore
Your Money With Mike
Mutual Fund Show
Fort Wayne Komets
Marketing and Advertising Career
Penny Pitch Application
Public Service Announcements
Indiana Districts Could Recover Half in Union Deal...
Indiana Districts Could Recover Half in Union Deal
Created by kblakeslee on 12/3/2013 11:50:15 AM
INDIANAPOLIS (AP) - Indiana school districts which invested in a failed union health insurance plan will be getting back roughly half of the money they lost under a settlement reached between the state and Indiana's largest teachers union.
Secretary of State Connie Lawson announced Tuesday that 27 school districts would split $14 million if they approve the settlement. The settlement ends four years of legal wrangling between the state and the teachers union.
The Indiana State Teachers Association and National Education Association agreed in August to pay school districts which had enrolled in the union's now-defunct health insurance plan.
State officials have estimated the union lost $27 million amid the 2009 collapse of the health plan that it had sold to 27 school districts around the state.
Copyright © 2015 WOWO 92.3 FM | 1190 AM