Reforms Generate massive Savings

Reforms Generate massive Savings - 620 WTMJ - Milwaukee's Source for Local News and Weather
A detailed study by the MacIver Institute suggests potentially huge savings from Governor Walker's budget reform bill, perhaps as much as $622 million.
So, if you take the 494.95 per student savings from increased health insurance and pension payments, add in the $211.45 per student savings from school districts that shopped around for their health insurance, you come out to a potential savings of $706.40 per student.
$706.40 in potential savings per student x 881,886 students in Wisconsin = $622,964,270.40 in savings statewide.
.....Bottom line - the savings from increased contributions from teachers to pay for their own health insurance (12% required by Act 10) and pension (5.8% required by Act 10) benefits so far based on media reports around the state, 74 out of the 400 plus school districts in the state, is $162 million or $494.95 per student.
If you project out that average savings over the entire student population in Wisconsin (881,886 students statewide), you come to a potential savings of $448 million.
Just from health insurance and pension contributions.
With the added flexibility given in Act 10, school districts will be able to find other ways to save money.