SB157:

Public elementary and secondary schools; competitive compensation for certain positions.

Bill Summary:

Competitive compensation for certain positions
in public elementary and secondary schools. Declares it the goal
of the Commonwealth that its public school teachers and all other
individuals employed in Standards of Quality-funded positions be
compensated at a rate that is competitive, defined as at or above
the national average salary for the position, in order to attract
and keep highly qualified individuals in such positions. The bill
requires state funding to be provided pursuant to the general appropriation
act in a sum sufficient to fund a five percent annual pay increase
for each such position, effective from the 2023%9624 school year
through the 2027%9628 school year, provided that such five percent
annual pay increase (i) is subject to a local matching requirement
in accordance with each local school board's composite index of local
ability-to-pay and (ii) shall be adjusted annually as necessary to
account for rebenchmarking and to yield a rate of compensation percentage
increase for all Standards of Quality-funded positions that is pegged
to providing a competitive average teacher salary in the Commonwealth.
The bill has a delayed effective date of July 1, 2023.