Retirement benefits for faculty are an important, but relatively understudied, topic in postsecondary education. To date, there have been very few studies that have used qualitative research methods to examine how workers make financial decisions about retirement, and no qualitative investigations of faculty choice between DB and DC plans. To help…

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…

Most private sector employees have access to defined contribution retirement plans while public sector employees often may choose defined benefit or defined contribution plans. This research utilized a survey of faculty to analyze retirement plan satisfaction. Advice from a financial planner was positively associated with satisfaction with…

Agricultural education's most pressing issue is a lack of qualified classroom teachers. In 2020-2021, 30 states reported the loss of over 70 agricultural education positions, with many schools closing these positions due to inadequate staffing. Furthermore, in 2021-2022, there were 1,680 agricultural education vacancies nationwide and only 789…

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…

Georgia's Senior Citizen Tuition Waiver Program (SCTWP) became law in 1976. This program allows senior citizens age 62 and older to attend University System of Georgia (USG) institutions tuition free. With the ultimate aim of improving the current program, the purpose of the proposed evaluation of the SCTWP is to determine the ongoing…

Higher education institutions are seeking to ease faculty retirement transitions and to identify ways in which retiring faculty can continue to make contributions in retirement. The University of Southern California and Clemson University, among others across the United States, have established emeritus colleges and retiree centers to offer…

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.…

The challenge of retaining teachers in the profession of agricultural education is a prevalent and growing problem in the United States. The purpose of this study was to determine the primary factors contributing to intention to leave the profession among Georgia agriculture teachers. Teacher-participants responded to a web-based survey which…

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…

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…

There is a shortage of educators and there are various factors that account for the lack of teachers. Millions of new teachers will be needed in the near future and the present study juxtaposes the vocational personality profiles of adolescents (N = 262) participating in Future Educators of America programs in Georgia to in-service teachers'…

The vast majority of public employees--including teachers--are enrolled in defined-benefit pension plans. These plans are usually the product of state legislation that determines eligibility, benefit formulas, employer and employee contributions, and how payments will be calculated when an employee retires or leaves the system. Once an employee…

To inform faculty and staff about the new state retirement plan and help them compare its benefits with those of the only existing employer-sponsored retirement plan for educators, a defined-benefit plan, Georgia Institute of Technology used an electronic spreadsheet and a series of seminars for analyzing and illustrating investment options. (MSE)

Readarama was established for a community retirement center in Athens, Georgia. The sessions were attended by healthy, active elderly women. Readarama points out the value of the reading group as an outlet for an already-established hobby and as a means of forming social contacts for the retiree. (Author)