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Download full textDan Goldhaber; Cyrus Grout; Kristian L. Holden; Josh B. McGee – Online Submission, 2024
Retirement plans can create strong financial incentives that have important labor market implications, and many states have adopted alternative plan designs that significantly change these incentives. The authors use longitudinal data to investigate the impact of Washington State's 1996 introduction of a hybrid retirement plan on late-career…
Descriptors: Retirement Benefits, Incentives, Faculty Mobility, Teacher Employment Benefits
Direct linkSarah F. Anzia – Education Finance and Policy, 2024
State and local government decisions about how school funding is raised and allocated have profound impacts on American public education, and in recent years, experts have documented large increases in one type of spending in particular: public pensions. Because most data on school district pension expenditures are at the state level, it has so…
Descriptors: Public Schools, Retirement Benefits, School Districts, School District Spending
Rachel Jarrold-Grapes; Patten Priestley Mahler – Education Policy Analysis Archives, 2024
Teacher vacancies have been a long-standing issue in U.S. public schools, only made worse by the COVID-19 pandemic. Vacancies tend to be concentrated in high-poverty, high-minority schools and hard-to-staff subjects like special education and STEM. States have implemented various policies to decrease turnover, including offering teachers bonuses…
Descriptors: Teacher Retirement, Teachers, Teacher Salaries, Older Workers
Dillon Fuchsman; Josh B. McGee; Gema Zamarro – AERA Open, 2024
Adequately preparing for retirement requires planning and knowledge about available savings and investment options. Teachers participate in a complex set of plan designs, and many do not participate in Social Security. While teachers represent a large part of the public workforce, relatively little is known regarding their knowledge and…
Descriptors: Knowledge Level, Readiness, Teacher Retirement, Retirement Benefits
Dan Goldhaber; Cyrus Grout; Kristian L. Holden – Journal of Education Human Resources, 2024
Defined benefit (DB) pension plans incentivize "salary spiking," where sharp increases in pay are leveraged into significantly higher levels of retirement compensation. While egregious instances of salary spiking occasionally make headlines, there is little guidance on the definition of salary-spiking behavior or understanding of its…
Descriptors: Teacher Salaries, Retirement Benefits, Teacher Retirement, Compensation (Remuneration)
Krista Kaput; Titilayo Tinubu Ali; Jennifer O’Neal Schiess – Bellwether, 2024
Understanding how the District of Columbia (DC) funds District of Columbia Public School (DCPS) students and DC public charter school students is essential to ensuring all students receive the support they need as COVID-19 pandemic-era federal funds expire. The recent rise in the Uniform Per Student Funding Formula (UPSFF) and the boost in the…
Descriptors: Comparative Analysis, Charter Schools, Public Schools, Educational Finance
