Teachers in Puerto Rico are more than just educators--they serve as mentors and guides and play a significant role in shaping their students' lives as they lead them towards transformative changes. As teachers consider transitioning from their jobs to other objectives outside the academic field, they must prioritize their students' best interests.…

The growing fiscal cost of K-12 teacher pension plans and pension-induced labor market distortions have led to calls for teacher pension reforms. Dynamic structural econometric models are a useful way to analyze the fiscal and staffing consequences of current and alternative retirement plans. This article lays out the benefits of the structural…

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…

Background: Despite being an important component of teacher compensation, government-sponsored teacher pensions are only 72 percent funded on average and have total unfunded liabilities exceeding $600 billion nationally (McGee, 2019; Novy-Marx & Rauh, 2011; "Public Plans Data," 2020). Annual per pupil teacher retirement costs account…

For the last two decades, Ohio has given its new public school teachers choices among retirement plans. Early in their employment, they are handed a form that allows them to opt for a traditional pension plan, a 401(k)-style defined-contribution (DC) plan, or a plan that combines elements of each. If they make no affirmative decision at all--that…

Recent reports confirm that the European Higher Education Area is conditioning the satisfaction of Spanish faculty members, resulting in a greater number of early retirements. The present study, framed within the context of the research, development and innovation project 'Fuga de Talentos: Un estudio sobre los motivos que han condicionado a…

Public pension systems in many U.S. states face large funding short-falls, and policymakers have considered moving toward defined contribution (DC) pension structures in the interest of reducing the likelihood of future shortfalls. Concerns exist, however, that such changes might increase levels of employee turnover. The empirical evidence on the…

Do employees at public colleges and universities have better retirement benefits than K-12 employees? This is the central question in the new report "Choice and Quality Among Retirement Plans for Educators." To answer this question, we evaluate the quality of higher education and K-12 retirement plans using five key variables: (1)…

This research examined the decisions of retiring university teachers to continue work after retirement in the same profession or leave for other employment or non-paid activities. The study used a questionnaire to collect data from 231 respondents purposively drawn from 20 Ghanaian public universities. Analyses of the data revealed that most…

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…

The transition from a busy work life to a retired state entails a lot of adjustment, planning, and wise decision-making. While there have been numerous studies that elucidate retirement issues across the globe, the need to know about retirement preferences of middle-aged and older teachers remains a blank spot in the literature, hence this…

Using the "theory of continuity," and based on quantitative and qualitative data collected from an online survey and one-on-one interviews from a nonrandom sample of retired faculty, this exploratory study examines guiding considerations for transition to retirement at a mid-sized University in the Midwest. Abolition of mandatory…

Public pension systems in many U.S. states face large funding shortfalls. Movement toward defined contribution (DC) pension structures may reduce the likelihood of future shortfalls. We address some limitations of the existing literature by studying public-sector employees who are enrolled in either a defined benefit (DB) plan or hybrid DB-DC…

Human resources (HR) represent the most significant investment on most of our college campuses in terms of time and financial resources. The importance of good data about the workforce begins with establishing a need for a new position. That need for data continues with recruiting, hiring, training, promoting, retaining (or not), and retiring…

Teacher turnover is a significant issue in education that negatively affects students' academic performance and instructional continuity. While multiple factors impact turnover, the effects of violence directed against teachers on turnover have rarely been explored. The current study examines the extent to which (dis)empowerment applies to…