The Penn-Harris-Madison school board has unanimously approved a new teachers’ contract that includes a 1.75% base salary increase for teachers with at least one year of experience.

The agreement also provides a $500 retention stipend for teachers rated “effective” or “highly effective,” along with a 0.5% stipend increase for teachers who lead sports teams or extracurricular activities.

The deal also includes a sick leave buy-back program and will take effect for the 2026-27 school year.