WTU Recovers Teacher Annuity Fund
1/18/2012, 9:03 p.m.
WASHINGTON, D.C. -- The Washington Teachers' Union (WTU) has recovered a $1.2 million Teacher Annuity and Aid Distribution Fund that was originally established in 1894 exclusively for white teachers.
The fund, which was created by the Teachers' Annuity and Aid Association of the District of Columbia, provides a one-time financial assistance to teachers with permanent and temporary disabilities and help off-set medical costs.
"We are thrilled to recover valuable resources to help all educators in the District of Columbia during a time when they need us most," said WTU President Nathan Saunders. "Whether it is the Teacher Annuity and Aid Distribution Fund or our new Capitol Hill headquarters, WTU is steadfast in broadening our commitment to educators, students, parents and the community at-large."
With an increased focus on member services, WTU's new 9,000 square-foot headquarters located in the 1200 block of Pennsylvania Ave. in Southeast is currently undergoing extensive renovations and will feature an expanded professional development center with robust learning opportunities, a member wellness center and lounge, administrative offices and more. Work on the new headquarters is slated for completion this fall.
"After more than 40 years, we are proud to realize a goal envisioned by the organization's founders and reconnect with the city's neighborhoods to nurture our relationships with students, parents, and communities," said Saunders.