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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
Melnicoe, Hannah; Koedel, Cory; Ramanathan, Arun – Policy Analysis for California Education, PACE, 2019
Voters in Marin County have long been willing to pass parcel taxes to fund their schools. In 2016, taxes faced unprecedented opposition from local activists; taxes in Kentfield and Mill Valley were defeated or passed by previously unheard-of narrow margins, respectively. What changed? This case study uses district financial and demographic data as…
Descriptors: Educational Finance, Finance Reform, Taxes, Retirement Benefits
Johnson, Richard W.; Southgate, Benjamin G. – Urban Institute, 2014
The California State Teachers' Retirement System (CalSTRS) has been grossly underfunded for the past decade. State policymakers have responded by cutting plan benefits for new hires and raising teachers' required plan contributions. These changes, however, have undermined teachers' retirement income security. Only 35 percent of new hires will…
Descriptors: Retirement Benefits, Public School Teachers, Income, Financial Problems
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Podgursky, Michael; Aud Pendergrass, Susan; Hesla, Kevin – Education Next, 2018
Public school districts are facing twin challenges: maintaining a labor supply of qualified teachers while shoring up the deteriorating system that compensates them. Keeping public-school teachers' pensions plans flush is expensive, and it accounts for a growing share of education spending. In some states, public charter schools provide an…
Descriptors: Charter Schools, Innovation, Teacher Retirement, Retirement Benefits
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Smith, Justin L.; Conley, Sharon; You, Sukkyung – Educational Gerontology, 2015
This study investigated a sample of California elementary, intermediate, and high school employed teachers (N = 247) to assess the effects of retirement perceptions on career commitment among teachers who are in different age groupings. Using path analysis, the influence of five retirement perceptions variables was examined: concerns about…
Descriptors: Educational Gerontology, Investigations, Retirement, Retirement Benefits
Olberg, Amanda; Podgursky, Michael J. – Thomas B. Fordham Institute, 2011
In the wake of the economic downturn that began in 2008, public schools face serious and seemingly long-term fiscal challenges. Rising pension costs are a particular concern for school districts, whose dollars help prop up state retirement plans that often have substantial unfunded liabilities. Yet public school districts have no alternatives;…
Descriptors: Charter Schools, Retirement, School Districts, Retirement Benefits
Kutner, Stephen I. – 1984
This seven-section report examines the pension-related behavior of older public employees, particularly California teachers. Section I introduces the benefit option situation. Section II surveys previous studies focusing on the relationship between Social Security wealth and the probability of retirement. Section III describes the California State…
Descriptors: Decision Making, Early Retirement, Economic Factors, Elementary Secondary Education
California State Postsecondary Education Commission, Sacramento. – 1988
Data are presented on faculty and administrator salaries in the California community colleges, with comparative figures for the University of California (UC) and the California State University (CSU). Section 1 presents UC and CSU comparison group average salaries for 1982-83 and 1987-88, including information on compound rates of interest,…
Descriptors: Academic Rank (Professional), Annual Reports, College Faculty, Community Colleges