Compensation
Ba Max Salary — $70,829
2022-2023 Base at step 25
Compensation
Ba Min Salary — $43,125.60
2% base salary increase for 2025-26 to $43,125.60
Compensation
Base Salary Increase Yr1 — 2% base salary increase for 2025-26
Three year contract with a 2% base salary increase for 2025-26 to $43,125.60
Compensation
Base Salary Increase Yr2 — 3% base salary increase for 2026-27
a 3% base salary increase for 2026-27 to $44,419.37
Compensation
Base Salary Increase Yr3 — 3% base salary increase for 2027-2028
and a 3% base salary increase for 2027-2028 to $45,751.95
Leave
Bereavement Days — 3 bereavement days per year, non-accumulating
Teachers will have 3 bereavement days per year to use in case of a death in the family. Bereavement days do not accumulate
Workday
Contract Days Teacher — 2:30 dismissal once per week for staff development and meetings
The board will continue to schedule a 2:30 dismissal once per week for the purposes of staff development and meetings
Insurance
Dental Coverage — $1000 yearly stipend for teachers opting out of health insurance
Teachers opting out of the health insurance plan will receive a $1000 stipend yearly on the October 15th pay period
Insurance
Employee Premium Share Pct — 12% rate increase threshold before board shares additional increase
If the plan is not offered by the insurance company or if the monthly rate increase is 12% or more as compared to the previous year's annual premium, the teachers will take on the increase
Insurance
Health Family Premium — Teachers opting out receive $1000 stipend yearly
Teachers opting out of the health insurance plan will receive a $1000 stipend yearly on the October 15th pay period.
Insurance
Health Single Premium — $40 per month teacher contribution starting August 2025
Starting with the 2025-2026 contract year the teachers will pay $40 per month to cover a portion of the insurance premium
Compensation
Lane Advancement Allowed — Teachers may advance through BA, BA+15, BA+30, MA, MA+15 lanes with accumulated graduate credits
Teachers who accumulate 30 hours of graduate credit beyond a Master's Degree while at Wallace will be paid a one-time $650 stipend
Compensation
Ma Max Salary — MA+15 max salary at step 25 is 200 on 2016-17 scale
Salary schedule shows MA+15 lane step 25 value of 200 (in thousands, implied $200,000 base units)
Compensation
Ma Min Salary — $45,073
2022-2023 MA at step 4
Compensation
Off Schedule Bonus Yr1 — Frozen step bonus of $650 per year at steps 17-26+
Step 17 - $650, Step 18 - $1300, Step 19 - $1950, etc. for frozen teachers
Leave
Personal Days Annual — 3 personal days per year, accumulate up to 6 usable days before rollover to sick
Teachers shall also be granted 3 personal days per year which will be added to the employee's sick day total if unused. Personal days may accumulate up to six usable days in a year before they roll over to sick days
Retirement
Retirement Pickup Pct — Board pays full THIS contribution and TRS contribution up to 10%
The board will pay the teachers' full THIS contribution and the TRS contribution up to 10% on behalf of the teachers
Retirement
Retirement System — TRS (Teachers Retirement System)
TRS creditable earnings, TRS Early Retirement Option (ERO), TRS contribution
Compensation
Salary Lanes Count — 5 salary lanes: BA, BA+15, BA+30, MA, MA+15
Salary table shows columns for BA, BA+15, BA+30, MA, MA+15
Compensation
Salary Steps Count — 26 salary steps
BA column goes from step 0 to step 10; BA+15 from step 0 to step 25; BA+30 from step 0 to step 25; MA from step 0 to step 10; MA+15 from step 0 to step 25
Leave
Sick Days Annual — 12 sick days per year, accumulate to 350 maximum
Teachers will receive 12 sick days per year which may accumulate to a total of 350
Leave
Sick Leave Max Days — 350 days maximum accumulation
Teachers will receive 12 sick days per year which may accumulate to a total of 350
Compensation
Step Increase — Additional $650 per year to teachers frozen at steps 17-26 and above
The board will pay an additional $650 per year to teachers frozen at steps 17, 18, 19, 21, 22, 23, 24, 26 and above
Insurance
Vision Coverage — $25,000 life insurance paid by board
All teachers will receive $25,000 life insurance which will be paid in full by the board