How are teacher pension benefits funded? Under traditional plans, the full cost of career teachers' benefits far exceeds the contributions designated for them. The gap between the two has three pieces, which may (with some license) be mnemonically tagged the three R's of pension funding: "redistribution," "return," and…

This is the executive summary for the full report, "Centering Quality, Centering Equity: Lessons Learned in Increasing Early Childhood Educator Credentials." Thriving communities depend on a strong early childhood education (ECE) system--one where both young children and members of the workforce are served and supported. In recent years,…

This chapter describes the types of organizations that have been established in recent years to enhance the experience and engagement of retirees from higher education institutions. Using the University of Southern California as an example, it also introduces a range of strategies institutions can employ to ease the transition into retirement.

Boosting early retirement in cash-strapped districts does not hurt students' math and reading scores, according to new studies released at the American Economic Association meeting, but pension-incentive programs may cost schools some of their most effective teachers. Separate studies of teachers in California, Illinois, and North Carolina paint a…

Community college presidents often get advice about how to land a job or, once hired, how to be more effective leaders, but they do not hear as much about their role in preparing their institutions for life after their service. Three successful community college presidents share how they left a legacy at their respective community colleges by…

This is the technical appendices for the report, "Higher Education and Economic Opportunity in California." Lower rates of college access and completion among Latinos, African Americans, and low-income Californians exacerbate the state's economic divide and puts California further behind in meeting its workforce needs. And even though a…

Just 18 minutes before the midnight signing deadline on May 15, 2010, Minnesota state legislators breathed a sigh of relief. Their bipartisan pension reform legislation, which passed both chambers by large margins and aimed to help shore up a potentially failing pension system, had just escaped a veto threat. Under pressure from his Republican…

California schools have had persistent difficulties filling special education vacancies, but in the past two years, these shortages have skyrocketed, as evidenced by the growth of substandard special education authorizations. When schools struggle to fill a position with a qualified teacher, they often hire teachers who are still in training or…

Teacher shortages that most severely affect schools serving the least advantaged children have been part of the California education landscape for the last half decade. This brief describes how key teacher supply and demand factors vary across the state, and it provides potential policy solutions to mitigate ongoing shortages. The brief also…

Teacher pensions consume a substantial portion of school budgets. If relatively generous pensions help attract effective teachers, the expense might be justified. But new evidence suggests that current pension systems, by concentrating benefits on teachers who spend their entire careers in a single state and penalizing mobile teachers, may…

Women veterans' needs have been subsumed under the needs of veterans in general for many years. Because women veterans make up less than ten percent of the total current veteran population, their unique needs have been obscured by this, but this is beginning to change. The federal Department of Veterans Affairs (VA), the California Department of…

Older blacks migrated to nonmetropolitan (nonmetro) communities in the 1990s to a degree not true of the past. Some of the nonmetro counties that attracted them are well-known retirement areas also favored by other retirees, mostly whites. Two-thirds of black retirement counties, however, are areas in the Old South that are not attracting other…

The tension at the heart of pension politics is the incentive to satisfy today's claimants in the here and now at the expense of long-term concerns. Teacher pensions, in particular, pose two challenges. The first is that political incentives invite irresponsible fiscal stewardship, as public officials make outsized short-term commitments to…

Plunges in the stock market have taken a toll on the fortunes of the nation's pension funds for retired teachers and other public employees, with retirement systems nationwide reporting losses in the billions of dollars in recent weeks. The losses have worsened already-high unfunded obligations for plans that have promised more than $2 trillion in…

Fueled by declining revenue from the housing crisis, skyrocketing energy costs, and an economy in general disarray, the public is pressuring school administrators to make broader and deeper cuts in their operating budgets. As the baby boomers retire, put their houses on the market, and downsize, one will see more downward price pressure on home…