Indiana school districts which invested in a failed union health insurance plan will be getting back roughly half of the money they lost under a settlement reached between the state and Indiana's largest teachers union.
27 school districts would split $14 million if they approve the settlement.
In our area Northeast Sullivan Schools will receive just over $1 million; Southwest Sullivan Schools will receive a little more than $1.2 million while Shakamak Schools will receive nearly $60,000.
All of the local districts have indicated that the one time cash settlement will be used to help pay for health benefits and expenses in some manner.
The Indiana State Teachers Association and National Education Association agreed in August to pay school districts which had enrolled in the union's now-defunct health insurance plan.