The 7.5 hours in the classroom are just the starting point. On average, teachers are at school an additional 90 minutes beyond the school day for mentoring, providing after-school help for students, attending staff meetings and collaborating with peers.
A capital lease is treated like a loan, and the asset is considered owned by the lessee. The tax advantages of operating leases are especially significant for fixed assets such as lighting that are generally depreciated over a very long term (39 years), since the entire lease payment is tax deductible.
For CSRS Offset employees, the Social Security benefits that could be affected by the earnings test are those benefits earned outside of federal service in private industry or spousal benefits and not the Social Security benefits earned during the years of CSRS Offset service.