His contract was originally covering the period July 1, 2014 through June 30, 2017; it has now been amended to include a base salary increase for the 2015-16 school year to $141,969.
In addition to other benefits already in the previous contract, Mr. Hyde will be receiving a non-elective employer contribution to a tax-sheltered annuity (403 (b) plan) selected by the Assistant Superintendent in an amount equal to 4% of his base salary earned each year. The contribution will begin at age 48 or after ten (10) consecutive years of service, whichever comes first. Mr. Hyde hasn't been employed by the district for 10 years...should we all try to guess how old Mr. Hyde is?
Amendment to Contract for Allen Hyde
Her new agreement apparently replaces her old agreement because “the parties desire to more fully set forth the terms and conditions of continuing employment” for Ms. Mandel.
Ms. Mandel’s bases salary will be $158,637 for the 2015-2016 school year; thereafter the salary will be set by the Board of Education in conjunction with the Superintendent of Schools.
Ms. Mandel will also receive the same benefit of a 403 (b) plan paid by the district just like Mr. Hyde is getting, as well as several other benefits that you can read in her "new" contract.
Contract for Mary Mandel
Job description for Mary Mandel
Remember, “It’s for the children…”