South Bend Community School Corporation

Notice of Public Meeting

The South Bend Community School Corporation’s Board of School Trustees will hold a public meeting on Monday, January 28, 2019 at 5:30 p.m. on the third floor of the Administration Building, 215 S. Dr. Martin Luther King Jr. Blvd., South Bend, Indiana 46601 to discuss and to hear objections to and support for a proposed Superintendent’s contract as required by Ind. Code 20-26-5-4.3. This public meeting will be held during the regular school board meeting which begins at 5:30 p.m. Persons wishing to speak at the public meeting will be able to sign up as they enter the meeting room.

Summary of Proposed Contract

• Term: Two years starting July 1, 2019 and ending June 30, 2021, with extension provisions.
• Base Annual Salary: $186,000.
• Health Insurance: Eligible to participate in SBCSC’s health insurance plan with premiums fully paid by SBCSC. The current annual premium cost for health insurance to SBCSC is $9,200.52 for the employee only, $18,483.12 for employee and spouse, $14,596.80 for employee and children, and $24,549.48 for employee and full family.
• Dental, Vision, and Disability Insurance: Eligible to participate in SBCSC’s dental, vision, and disability insurance plans provided to SBCSC administrative employees. The cost for dental and vision insurance to SBCSC is $526.56 for the employee only and $1306.80 for the employee and full family.
• Other General Administrative Benefits: Eligible for all other annual benefits available to administrative employees, including family sick days, leaves of absence, and personal leave subject to applicable terms and conditions.
• TRF Annuity Savings Account: SBCSC will contribute the maximum amount permitted by law into an Indiana State Teacher’s Retirement Fund Annuity Savings Account for the superintendent’s benefit. This is an amount equal to 13% of annual salary or $24,180.
• 401(a) Contributions: SBCSC will contribute into a 401(a) plan account for the superintendent’s benefit an amount equal to 1% of annual salary ($1,860) and an amount equal to any amount the superintendent contributes to a 403(b) account. During 2019, employees may contribute up to $19,000 into a 403(b) account and employees aged 50 or over at the end of the year may make a catch-up contribution of $6,000.
• VEBA Contribution: SBCSC will contribute into the corporation’s Voluntary Employees Beneficiary Association plan for the superintendent’s benefit an amount equal to 1% of annual salary ($1,860).
• Car Allowance: $750 per month ($9,000 annually).
• Business and Professional Expenses: SBCSC will reimburse reasonable and necessary fees and expenses related to attendance at professional conferences, meetings, seminars, and courses as well as reasonable and necessary expenses (such as meals, entertainment, travel, professional books, and supplies) incurred on SBCSC’s behalf.
• 25 paid vacation days each year. Up to five unused vacation days may be carried forward to the next year.
• Term Life and Long Term Disability Insurance: SBCSC will provide the superintendent, as owned and named insured, a fully-paid term life insurance policy with a face value of $300,000 and long-term disability insurance. The premiums are anticipated to cost SBCSC $1,086 annually.
• Performance Incentive: SBCSC will pay the superintendent performance-incentive bonuses as follows: $10,000 if SBCSC receives an overall corporation grade of B under the A–F metric then established by the Indiana State Board of Education during the second year of the contract; $25,000 if SBCSC receives an overall corporation grade of A during the second year of the contract; and $25,000 if SBCSC is successful in passing a general-fund or operating referendum at any time during the initial term of the contract. SBCSC will not pay more than $25,000 total for these bonuses. SBCSC will pay any bonuses into the 401(s) plan for the superintendent’s benefit, except that if the superintendent earns all $25,000 available for bonuses, SBCSC will contribute $5,000 of the bonus to the South Bend Education Foundation.
• Severance on Retirement: SBCSC will pay severance and supplemental benefits upon retirement in the same manner and on the same conditions as other administrator within SBCSC.
• Sick Leave Days: SBCSC will credit the superintendent’s sick-leave account with all sick-leave days earned at the superintendent’s prior public-school employer (believed to be 115).
• Severance on Termination by SBCSC under Certain Circumstances: If SBCSC terminates the contract for reasons other than cause (as defined in Ind. Code 20-28-8-7), the superintendent will be entitled to the lesser of the superintendent’s then current salary or $250,000.

After the meeting, the Board of School Trustees will consider the public input and then consider the contract as an agenda item for consideration and vote at the regular board meeting on February 4, 2019.