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Costrell, Robert M.; Podgursky, Michael – Education Next, 2010
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…
Descriptors: Teacher Effectiveness, Public School Teachers, Retirement Benefits, Retirement
Murphy, Carole H. – Academe, 2009
About 25 percent of faculty working in the United States will reportedly consider retiring in the next five to seven years. As one of this 25 percent, the author has been researching what she needs to know to retire. What she found initially was a lot of misinformation. To complicate matters, the world has changed over the past year, causing those…
Descriptors: Financial Services, Retirement, Economic Climate, Human Resources