The California State Teachers' Retirement System (CalSTRS) is in the midst of phasing in substantial increases in the contributions made by teachers, school districts, and the state of California. The phase-in period began in 2014-15. In the year prior, 2013-14, the total statutory contribution rate to CalSTRS from all parties was 18.3 percent of…

State-specific licensing policies and pension plans create mobility costs for educators who cross state lines. We empirically test whether these costs affect production in schools--a hypothesis that follows directly from economic theory on labor frictions--using geo-coded data from the lower-48 states. We find that achievement is lower in…