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Andrew Camp; Gema Zamarro; Josh McGee; Taylor Wilson; Miranda Vernon – Society for Research on Educational Effectiveness, 2024
Attracting and retaining high-quality teachers in the profession is a matter of significant policy concern. Increasing teacher salaries and creating more attractive compensation packages are often proposed to achieve this goal. However, average real teacher salaries have remained stagnant over the past decade and have not fully recovered from the…
Descriptors: Public School Teachers, Teacher Salaries, Teacher Employment Benefits, Teacher Shortage
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Dillon Fuchsman; Josh McGee; Gema Zamarro – Society for Research on Educational Effectiveness, 2021
Background: Despite being an important component of teacher compensation, government-sponsored teacher pensions are only 72 percent funded on average and have total unfunded liabilities exceeding $600 billion nationally (McGee, 2019; Novy-Marx & Rauh, 2011; "Public Plans Data," 2020). Annual per pupil teacher retirement costs account…
Descriptors: Teacher Retirement, Retirement Benefits, Educational Finance, Teaching Conditions