Hundreds of local teachers will see a dip in their pay after a new agreement.
Teachers at Saginaw schools will be getting a pay cut to help battle the district's budget problems.
And pay isn't the only thing -- they'll also pay more for their health insurance. Saginaw educators say this is all due to about a $6 million deficit the school district is facing.
As a result, 430 teachers will soon be seeing a rollback in their wages and healthcare.
Saginaw School District teachers are facing a two-percent rollback on their wages, and they will now pay 24 percent for their health care premiums, plus higher deductibles.
Officials with Saginaw schools tell TV5 they think the cuts are unfortunate but necessary since the district is looking to save money.
These cuts could take effect by Nov. 1.
The cuts aren't as deep as originally proposed because the school district originally wanted the employees to pay more for their premiums and cut their wages as much as 8 percent.
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