For school executives, annuities have become the preferred retirement vehicle, because other private-sector investments (some deferred compensation and profit-sharing plans) are closed to public employees. This article explains Internal Revenue Code sections 403 (b) and 457 and 1986 Tax Reform Act provisions related to tax-sheltered annuity plans.…

Despite steep odds, the American Association of School Administrators is renewing its effort to ease the financial sacrifice of border-hopping superintendents. A 1998 legislative initiative, the Retirement Account Portability Act, drew 50 cosponsors. A similar legislative push is expected in 1999. (MLH)

The data presented in this combined report--"Rankings & Estimates"--provide facts about the extent to which local, state, and national governments commit resources to public education. As one might expect in a nation as diverse as the United States--with respect to economics, geography, and politics--the level of commitment to…

This article argues that with the growth of flexible labor arrangements, older workers' long-term position in the labor force is being seriously eroded. The author considers the factors behind this trend and then examines possible remedial policies. He concludes by considering one long-term policy that might work. (CT)

Four steps to retirement planning, intended to demystify retirement investment, are offered for college faculty: (1) establish diversification goals; (2) urge their institutions to offer more investment options; (3) coordinate retirement investments with other investments; and (4) take steps to guarantee against inflation. Typical age-related…

In negotiating a superintendent's contract, caution and expert legal counsel are as important for the school board as for the superintendent. Offering a well-rounded package providing both annuities and insurance policies can help boards attract the best superintendent candidates. The most serious negotiation issue for superintendents involves…

While employment growth has accelerated, allowing unemployment to fall significantly since 2005, many low-skilled workers are still unemployed and the duration of unemployment spells is still long. The introduction of an in-work benefit for workers in low-income households, subject to a minimum of hours worked, could lower barriers to higher…

To facilitate teacher mobility in the Northeast, barriers to interstate movement must be lessened. Presently, teachers are restricted from transferring pension assets across state lines; they can lose up to 40 percent of their retirement benefits, can usually transfer only part of their years of service, and may be financially unable to "buy…

Explores the attitudes of older (Australian) female education workers toward continuing to work or retiring early. Little interest was shown in early retirement, partly because it was not an attractive financial option and partly because of strong commitment to continued workforce participation. Shows how former discriminatory practices have…

Some superintendents and school board members tout early retirement plans as a way to reduce school personnel costs and offer attractive employee benefit at the same time. However, such plans are not always a sound idea. Potential benefits depend on a district's financial outlook, its staffing structure, and its goals for students. (MLH)

Policy changes in state pension programs for public school educators typically affect not only current and future retirees, but also social conditions, labor market forces, and professional preparation and state licensing. A review of the literature, however, reveals that surprisingly little research has been conducted on the development,…

Many higher education institutions today are struggling with the costs of their retiree health plans. The answer to controlling these costs may come in the form of a defined contribution retiree health plan for both current and future retirees. This article examines how such a plan can maximize availability of Medicare Part D prescription…

Governors and legislators are looking for ways to help offset budget deficits, and the public pension funds that cover working and retired school employees are tempting targets. Discusses problems in a number of states, pros and cons of federal regulation, calculating retirement benefits, and how pension funds are controlled. (MLF)

Following an earlier survey of the attitudes and activities of academic staff who had retired three to five years earlier, a survey was undertaken of the policies and practices of university authorities in relation to supporting the academic activities of their retired staff. The sample included 21 universities in England and Scotland, and 28…

The Maryland edition of the National Council on Teacher Quality's (NCTQ's) 2009 "State Teacher Policy Yearbook" is the third annual look at state policies impacting the teaching profession. It is hoped that this report will help focus attention on areas where state policymakers can make changes that will have a positive impact on teacher…