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Direct linkAldeman, Chad; Silberstein, Katherine – Edunomics Lab, 2021
Amidst the COVID-19 pandemic, a number of school districts have broken from tradition to offer pay outside of the rigid step-and-lane salary schedules. In particular, many districts are now offering flat-dollar raises or non-recurring bonuses, incentives to address long-standing recruitment and retention issues, or compensation to shape teacher…
Descriptors: COVID-19, Pandemics, Teacher Salaries, Incentives
Download full textAldeman, Chad – Bellwether Education Partners, 2020
For the last two decades, Ohio has given its new public school teachers choices among retirement plans. Early in their employment, they are handed a form that allows them to opt for a traditional pension plan, a 401(k)-style defined-contribution (DC) plan, or a plan that combines elements of each. If they make no affirmative decision at all--that…
Descriptors: Public School Teachers, Teacher Retirement, Teacher Employment Benefits, Retirement Benefits
Aldeman, Chad; Randazzo, Anthony – Bellwether Education Partners, 2020
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…
Descriptors: Teacher Retirement, Retirement Benefits, Teacher Employment Benefits, Tenure
Aldeman, Chad – Bellwether Education Partners, 2020
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…
Descriptors: Teacher Employment Benefits, Retirement Benefits, Money Management, Teacher Salaries
Aldeman, Chad; Aguirre, Paulina S. Diaz – Bellwether Education Partners, 2017
Years of irresponsible budgeting practices have left the Teachers' Retirement System of Louisiana (TRSL) almost $12 billion in debt. Without significant reforms, Louisiana's pension problems are likely to get worse, with further negative consequences for workers and schools. This report shows that schools participating in the TRSL already must…
Descriptors: Teacher Retirement, Retirement Benefits, Teacher Salaries, State Programs
Aldeman, Chad – Bellwether Education Partners, 2016
Why aren't teacher salaries rising? This puzzle can be explained by three trends eating into teachers' take-home pay: rising health care costs, declining student/teacher ratios, and rising retirement costs. Retirement costs are the most hidden of these three factors. The result is that most teachers are getting the worst of both worlds. Teachers…
Descriptors: Retirement Benefits, Teacher Salaries, Educational Trends, Trend Analysis
