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Clark, Robert L.; Craig, Lee A. – National Center on Performance Incentives, 2009
We offer a concise history of teacher retirement plans in the United States, highlighting the increase in the generosity of the plans over the past 25 years. We employ data from plans in all fifty states to estimate the impact of a set of social and economic variables on the plans' replacement rates for a hypothetical teacher. We find that, at the…
Descriptors: Teacher Retirement, Public School Teachers, Population Growth, Retirement Benefits
Clark, Robert L. – National Center on Performance Incentives, 2009
Most public elementary and high school teachers are covered by health insurance provided by their employer while they are employed. In most cases, these health plans are managed at the state level. At retirement, teachers with sufficient years of service are allowed to remain in the health plan. Retiree health plans for teachers vary widely across…
Descriptors: Teacher Retirement, Public School Teachers, Health Insurance, Retirement Benefits