Greenhills Retired Faculty Benefits Fund—An Alumni Challenge
Initiated by Jeff Loomans, Class of 1985, this fund honors Greenhills teachers who have served 20 or more years, by supporting their retirement with a yearly medical savings account. These funds can be drawn upon for any medical need, that year or in the future.
Jeff has said, "Greenhills faculty served as our mentors, coaches, and our inspiration. 
Sometimes they helped us take risks or try something new. They insisted we work towards our true potential. They helped us avoid the humiliation associated with the fear of failure, and always, they were there for us as students, in all that that means within the Greenhills environment. It is now our turn to give back."
Greenhills now faces the first wave of these retirements. Today, there are 23 Greenhills faculty members with 20-plus years of full-time service who were hired during the school's first 15 years. Formal pension plans simply were not in place in the school's early days, when the school literally functioned hand to mouth. Therefore, our teachers' pensions will be small. Not until 1995 was the school able to take steps toward building a more competitive salary and benefits program, changing the pension vesting period from four years to one year, increasing the pension contribution from 5% to 7% of salary and increasing salaries, which are now at 87.7% parity with their public school colleagues.
With such a large group of faculty now ready for retirement, the school cannot hope to provide even a modest medical benefit for retired faculty without building this fund. They need our help.
