Under normal retirement eligibility requirements, a Philadelphia teacher qualifies for full pension benefits at age 65 with three years of service or at any age with 35 years of service, as long as the sum of age and years of service is at least 92, whichever comes first.
Here's what's in the new contract extension: All PFT-represented employees — including teachers, paraprofessionals, counselors, and others — will receive a 5% salary increase in September 2024. Employees eligible for “step” increases (raises based on years of experience) will still get those.
Retention Bonuses. The School District of Philadelphia is offering retention bonuses to teachers and counselors working in 32 schools. Individuals appointed at the following schools on September 1, 2022 and remain appointed through the last day of the 2022-2023 academic year will receive $2500 stipends.