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Direct linkAldeman, Chad; Rotherham, Andrew J. – Education Sector, 2010
Policymakers are beginning to take note of the fiscal problems in teacher retirement systems. States have recently taken action by raising retirement ages, lowering benefit payments, and reducing cost-of-living adjustments. These are small steps toward shoring up the system to help ensure that it remains sustainable in the future. But the problems…
Descriptors: Teacher Retirement, Retirement Benefits, Public School Teachers, Financial Problems
Download full textPodgursky, 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
