To improve the finances of the Teacher Retirement System of Texas, which serves almost 1.5 million workers and retirees, Texas Governor Greg Abbott signed legislation in spring 2019 that gradually raises plan contributions by the state, school districts, and employees. Additional contribution hikes may be necessary to close the plan's funding gap,…

In "Are Texas Teacher Retirement Benefits Adequate?," authors Chad Aldeman and Anthony Randazzo analyze the Teachers' Retirement System (TRS) of Texas and find it is not serving all of its members well. Most members will leave their teaching service in Texas with inadequate retirement benefits, and the unfunded liabilities the system has…

Most private sector employees have access to defined contribution retirement plans while public sector employees often may choose defined benefit or defined contribution plans. This research utilized a survey of faculty to analyze retirement plan satisfaction. Advice from a financial planner was positively associated with satisfaction with…

In response to financial pressures, the New York State Assembly has created new, less-generous retirement plans for teachers. Teachers and other education employees are enrolled in one of two plans, the Teachers' Retirement System of the City of New York (TRS) and the New York State Teachers' Retirement System (NYSTRS). How far have the benefits…

Most teachers have tenure protections that constrain dismissal. Some argue that tenure improves recruitment and retention by mitigating the risk of monopsony employment and substituting job security for lower salaries. Others argue that tenure reduces performance incentives making it difficult to dismiss ineffective teachers. We examine…

Veteran professors synthesize their combined 60+ years of expertise at primarily undergraduate, teaching-focused universities into easy-to-follow advice for graduate students and current faculty seeking to build thriving careers at similar institutions. Writing in a friendly tone that includes their personal reflections, the authors guide readers…

This article explores how Dr. Emil Altman and the New York City Board of Education manipulated prevailing narratives of disability in a crusade to rid their city school system of "unfit" teachers during the late 1920s through to the early 1940s. Capitalising on fears of disability related to ideas about efficiency and eugenics, Altman…

The decades between tenure and retirement constitute the longest yet least understood period of a faculty member's career. Previous research depicts the midcareer as fraught with reduced job and career satisfaction, lowered productivity, and even stagnation. However, we suggest a reframing of this period. Drawing on data from surveys and…

Superintendents are leaving districts at an alarming rate across the nation, which can lead to detrimental effects for students, staff, and communities. Where once this was a position of prestige, it has become one in which educational experts are choosing to leave districts because of the various stressors that comprise their jobs. It is not…

Pensions are a promise made today of benefits to be received tomorrow. They reward employees, including public school teachers, who remain working in a system for extended periods, often for their entire careers. And they impose large costs on those who leave before reaching retirement eligibility--all in the hopes of encouraging them to stay.…

This study is a pioneer study examining the effects of personal and occupational background variables on the attitude of faculty members to an obligatory retirement age in academia. Previous studies on performance measures of academic faculty in research, teaching, academic administration, and contribution to the community, testified to…

Using a panel data set of scientists in the US, we examine the hypothesis that workers in jobs poorly matched to their education are more likely to retire. In pooled estimates, we confirm that the mismatched are more likely to retire and that among retirees, the mismatched retire at younger ages. Hazard function estimates also support the…

In any academic department, faculty members retire or leave for a variety of reasons, and new faculty members are hired to replace departing faculty or fill newly created positions. This report focuses on departures, retirements, recruitments, and new hires in physics and astronomy departments. In our Academic Workforce Surveys, we collect the…

A growing educator shortage is having significant impacts in schools and communities throughout the United States. In response to this growing concern, the Kansas Teacher Retention Initiative was launched in the summer of 2021, with a focus on measuring, understanding, interpreting, and disseminating data-driven insights regarding the driving…

The population of the United States is getting older. According to the U.S. Bureau of Labor Statistics (BLS), older workers -- which the BLS defines as those who are 55 and older -- made up 22% of the U.S. workforce in 2016, nearly double the 12% recorded in 1995. This increase is largely "fueled by the aging baby-boom generation, a large…