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Costrell, Robert M.; Hitt, Collin; Shuls, James V. – Educational Researcher, 2020
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…
Descriptors: Retirement Benefits, State Aid, Educational Finance, Elementary Secondary Education
Aldeman, Chad – Bellwether Education Partners, 2019
Today, nine out of 10 Americans age 65 and older depend on Social Security benefits to lead a comfortable and secure retirement. Among all Americans over age 65, Social Security makes up more than half of their household income. This brief outlines the history of Social Security benefits in the public sector, describes the safe harbor rule and how…
Descriptors: Retirement Benefits, Teacher Retirement, Federal Programs, Public Policy
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
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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