Acción Empresarial por la Educación (Educa) reports it delivered to the Ministry of Education an analysis of the Special Program for Retirement of Public School Teacher that says that if changes are not made, by 2038 the Ministry of Education will have to set aside 16% of its budget for severance payments and retirement of public school teachers. The report explains that the teachers are not contributing enough to pay for the retirement plans that are in place.
The review says that the program needs to be amended and redesigned to ensure its sustainability. Studies also have shown that the mega increase in budget allotted to the Ministry of Education since 2016 has not resulted in advances in the quality of education. The increase was split to pay more to the teachers, including the generous severance and retirement plans, and for the construction of new classrooms.
Ines Aizpun writes in an editorial in Diario Libre that all the stakeholders know the social security and severance plan of the public teachers association is unsustainable. She laments that confronting this situation does not seem to be a priority of those in government who could fix the situation.
Read more in Spanish:
Diario Libre
Diario Libre
4 May 2022