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Podgursky, Michael; Aud Pendergrass, Susan; Hesla, Kevin – Education Next, 2018
Public school districts are facing twin challenges: maintaining a labor supply of qualified teachers while shoring up the deteriorating system that compensates them. Keeping public-school teachers' pensions plans flush is expensive, and it accounts for a growing share of education spending. In some states, public charter schools provide an…
Descriptors: Charter Schools, Innovation, Teacher Retirement, Retirement Benefits
Costrell, Robert M.; Podgursky, Michael; Weller, Christian – Education Next, 2011
Teacher benefits, once a sleepy question primarily of interest to actuaries, have become a flash point in the education debate. With individual states on the hook for tens or hundreds of millions in unfunded pension and health insurance obligations, state leaders are trying to determine the severity of the situation and the appropriate response.…
Descriptors: Health Insurance, Change Strategies, Retirement Benefits, Personnel Policy
Costrell, Robert; Podgursky, Michael – Education Next, 2009
The ongoing global financial crisis is forcing many employers, from General Motors to local general stores, to take a hard look at the costs of the compensation packages they offer employees. For public school systems, this will entail a consideration of fringe benefit costs, which in recent years have become an increasingly important component of…
Descriptors: Teacher Salaries, Public Schools, Fringe Benefits, Teacher Retirement