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Boren, Megan – Southern Regional Education Board (SREB), 2020
To help states retain teachers and recruit the next generation into the profession, this brief examines teacher compensation policies in states and how adjustments could help reverse teacher shortage trends. The report looks at teacher compensation packages as a whole, including data on salary, health insurance, retirement and other benefits. It…
Descriptors: Compensation (Remuneration), Teacher Salaries, Health Insurance, Retirement Benefits
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Journal of Education Finance, 2019
A recent survey of 41 different state boards of education revealed that officials from 28 states indicate that they are experiencing teacher shortages. The shortages in some states are significant. While the teacher shortage in many states is tied to different factors, one frequently cited reason for leaving the teaching profession is low pay.…
Descriptors: Teacher Shortage, Teacher Responsibility, Career Choice, Teacher Salaries
Ben Backes; Dan Goldhaber; Cyrus Grout; Cory Koedel; Shawn Ni; Michael Podgursky; P. Brett Xiang; Zeyu Xu – Grantee Submission, 2016
Most public school teachers in the United States are enrolled in defined benefit (DB) pension plans. Using administrative microdata from four states, combined with national pension funding data, we show these plans have accumulated substantial unfunded liabilities--effectively debt--owing to previous plan operations. On average across 49 state…
Descriptors: Retirement Benefits, Teacher Retirement, Public School Teachers, Resource Allocation
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Ben Backes; Dan Goldhaber; Cyrus Grout; Cory Koedel; Shawn Ni; Michael Podgursky; P. Brett Xiang; Zeyu Xu – Educational Researcher, 2016
Most public school teachers in the United States are enrolled in defined benefit (DB) pension plans. Using administrative microdata from four states, combined with national pension funding data, we show these plans have accumulated substantial unfunded liabilities--effectively debt--owing to previous plan operations. On average across 49 state…
Descriptors: Retirement Benefits, Teacher Retirement, Public School Teachers, Resource Allocation
Koedel, Cory; Gassmann, Gabriel E. – Policy Analysis for California Education, PACE, 2018
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…
Descriptors: Public Schools, Teacher Retirement, Retirement Benefits, State Policy
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Journal of Education Finance, 2018
On February 24, 2017, all of the authors of the state-of-the-state manuscripts published in the "Journal of Education Finance" met in Cincinnati, Ohio, to participate in a roundtable discussion focused on recent legislative actions in 38 states. A majority of those papers were revised to reflect a final report on legislative actions…
Descriptors: Educational Finance, Elementary Secondary Education, Higher Education, State Aid
Backes, Ben; Goldhaber, Dan; Grout, Cyrus; Koedel, Cory; Ni, Shawn; Podgursky, Michael; Xiang, P. Brett; Xu, Zeyu – National Center for Analysis of Longitudinal Data in Education Research (CALDER), 2016
Most public school teachers in the United States are enrolled in defined benefit (DB) pension plans. Using administrative micro data from four states, combined with national pension funding data, we show these plans have accumulated substantial unfunded liabilities -- effectively debt -- owing to previous plan operations. On average across 49…
Descriptors: Public School Teachers, Retirement Benefits, Teacher Retirement, Age Differences