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…

The ongoing crisis in teacher pension funding has led states to consider various reforms in plan design to replace the traditional benefit formulas, based on years of service and final average salary (FAS). One such design is a cash balance (CB) plan, long deployed in the private sector, and increasingly considered, but rarely yet adopted, for…

The growing fiscal cost of K-12 teacher pension plans and pension-induced labor market distortions have led to calls for teacher pension reforms. Dynamic structural econometric models are a useful way to analyze the fiscal and staffing consequences of current and alternative retirement plans. This article lays out the benefits of the structural…

Adequately saving for retirement requires both planning and knowledge about available retirement savings options. Teachers participate in a complex set of different plan designs and benefit tiers, and many do not participate in Social Security. While teachers represent a large part of the public workforce, relatively little is known regarding…

In this brief, we examine an important but obscure form of state spending on K-12 education-state subsidies of school district pension costs. In 2018, this exceeded $19 billion across 23 states. To put that amount into perspective, 2018 federal spending on Title I programs was $15.8 billion. This revenue stream is often ignored in analyses of…

In 2019, the National Center for Education Statistics (NCES) began exploratory data collection for the School Pension Survey (SPS). The SPS is a new data collection of elementary/secondary school teacher pension data collected at the school district level. The SPS was developed primarily in response to public demand for data on teacher and other…

As administrators in K-12 settings retire, it is often not apparent why they chose to retire, particularly if the retirement was sudden or there was unusual turnover in a geographic area. Each administrator has experiences unique to his or her situation. In this qualitative research study, the experiences of a group of K-12 administrators in a…

In this article, we theorize the disciplinary lifecycle as an alternative to the limited metaphor of the "career arc." We argue that theorizing career trajectories as lifecycles resonates more fully with the experiences that are common to careers in rhetoric, composition, and writing studies (RCWS), thereby providing more possibilities…

I use a detailed panel of data and a unique modeling specification to explore how public schoolteachers respond to the incentives embedded in North Carolina's retirement system. Like most public-sector retirement plans, North Carolina's teacher pension implicitly encourages teachers to continue working until they are eligible for their pension…

A vast research literature is devoted to analyzing causes of and potential remedies for early-career teacher attrition. However, much less attention has been paid to late-career attrition among experienced teachers, which is driven primarily by retirement plan incentives. Although there is some variation across states, it is generally the case…

Purpose: This study examines the deployment of excellent retired principals (ERPs) as system leaders to facilitate systemic professional capital building in Taipei City, Taiwan. It explores the unique approach of the Taipei City government and contributions of ERPs in driving educational reforms. Design/methodology/approach: This study combines…

On January 10, 2019, Governor Newsom released his Budget Proposal for the 2019-2020 fiscal year, which includes around $60 billion in state funds for K-12 schools. The budget bill and implementation bills will be deliberated and modified in each house in the upcoming months after which they are expected to incorporate significant revisions that…

From funding to teacher quality, inequities exist between school districts. This paper adds to the literature on inequities by examining the impact of pension plan formulas on pension benefits. Using data from the salary schedules of 464 Missouri school districts, this paper analyzes how various final average salary calculations would impact the…

Do employees at public colleges and universities have better retirement benefits than K-12 employees? This is the central question in the new report "Choice and Quality Among Retirement Plans for Educators." To answer this question, we evaluate the quality of higher education and K-12 retirement plans using five key variables: (1)…

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…