Kevin Fischer is a veteran broadcaster, the recipient of over 150 major journalism awards from the Milwaukee Press Club, the Wisconsin Associated Press, the Northwest Broadcast News Association, the Wisconsin Bar Association, and others. He has been seen and heard on Milwaukee TV and radio stations for over three decades. A longtime aide to state Senate Republicans in the Wisconsin Legislature, Kevin can be seen offering his views on the news on the public affairs program, "InterCHANGE," on Milwaukee Public Television Channel 10, and heard filling in on Newstalk 1130 WISN. He lives with his wife, Jennifer, and their lovely baby daughter, Kyla Audrey, in Franklin.
The non-partisan Wisconsin Legislative Fiscal Bureau (LFB) has produced a memo providing data on the potential annual retirement savings for public employers associated with higher employee contributions for retirement benefits as a result of the approval of the state budget repair bill.
The LFB broke the savings down by county, school districts, technical colleges and Cooperative Educational Service Agencies (CESAs), and special purpose districts.
According to the LFB, the projected savings for school districts are based on 5.8% of the 2009 Wisconsin Retirement System covered payroll data for each employer. The LFB writes “the estimates reflect projected savings if the employer currently picks up all of the employee-required share of retirement contributions.”
The Franklin School District stands to save a bundle under Governor Walker’s budget repair bill:
Oak Creek-Franklin: $1.896 million
MPS: $24.475 million
Here are all the numbers.