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Ni, Shawn; Podgursky, Michael; Ehlert, Mark – National Center on Performance Incentives, 2009
Policy discussions about teacher quality and teacher "shortages" often focus on recruitment and retention of young teachers. However, attention has begun to focus on the incentive effects of teacher retirement benefit systems, particularly given their rising costs and the large unfunded liabilities. In this paper we analyze accrual of…
Descriptors: Teacher Retirement, Public School Teachers, Teacher Persistence, Labor Market
Podgursky, Michael – Abell Foundation, 2006
Many states are struggling to finance under-funded teacher pension systems as well as recruit and retain a high-quality teaching workforce. This paper compares Maryland's former (prior to Spring, 2006) teacher pension system to those in Pennsylvania and several other states. On the basis of simple replacement rates, the former Maryland state plan…
Descriptors: Private Sector, Public School Teachers, Teacher Persistence, Teacher Shortage