The Motley Fool Discussion Boards
Retirement Discussions / Retire Early CampFIRE
|Subject: Heh heh...academia gets whacked by ObamaKare||Date: 11/22/2012 2:42 PM|
|Author: telegraph||Number: 656535 of 757320|
Pennsylvania's Community College of Allegheny County (CCAC) is slashing the hours of 400 adjunct instructors, support staff, and part-time instructors to dodge paying for Obamacare.
"It's kind of a double whammy for us because we are facing a legal requirement [under the new law] to get health care and if the college is reducing our hours, we don't have the money to pay for it," said adjunct biology professor Adam Davis.
On Tuesday, CCAC employees were notified that Obamacare defines full-time employees as those working 30 hours or more per week and that on Dec. 31 temporary part-time employees will be cut back to 25 hours. The move will save an estimated $6 million.
Under the new CCAC policy, adjunct professors will only be allowed to teach 10 credit hours a semester. Adjuncts are paid $730 per credit hour.
I bet all those liberal profs voted for Obama and now are reaping the fruits of their votes......
Lower income, lower standard of living.....and no employer paid health care.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|