To shore up the $46 billion pension debt the state has accrued over the past several decades, Illinois has been using its teachers as a piggy bank. New legislation adopted in December 2013 will raise the retirement age for mid-career workers and limit the amount retiree pensions can increase with inflation over time. State and national union…

Having enjoyed teaching during my active career, I continued to teach summer school following retirement. Self-observed sensory and cognitive impairments, although not mentioned by students in their evaluations, induced me to consider the pros and cons of continuing to teach. My hope is that this list of benefits and problems will be of assistance…

AISD conducts an online survey of professional & administrative employees leaving the district. The Human Resources Exit Survey asks 34 questions about a variety of topics. This report describes teachers' reasons for leaving in 2014-2015.

California schools have had persistent difficulties filling special education vacancies, but in the past two years, these shortages have skyrocketed, as evidenced by the growth of substandard special education authorizations. When schools struggle to fill a position with a qualified teacher, they often hire teachers who are still in training or…

The COVID-19 pandemic led governors to take unprecedented social distancing measures to protect the health and well-being of citizens. School closures were among the first state-mandated orders to help slow the spread of COVID-19. As schools plan to reopen in the fall, they are likely to confront another crisis--that many of their teachers will be…

Milwaukee Public Schools (MPS) faced a dramatic and painful increase in employee retirement costs, driven primarily by a sharp rise in the bill for retiree health insurance, a program covered by collective-bargaining agreements between the district and its unions. In March 2011, Governor Scott Walker signed into law the Wisconsin Budget Repair…

Teachers, higher education administrators and financial planners are well acquainted with the work of TIAA-CREF. The insurance and investment company has been a central player in teacher retirement and financial planning for nearly a century. Twelve years ago, the organization spawned the TIAA-CREF Institute, a research-focused arm that brings…

Internet access tools and devices are developing with the prevalence of the Internet, which is considered revolutionary in information and communications technology. Beside the widespread use of the Internet among young people, statistics show that the number of older people that use the Internet is also on the rise. The purpose of the study is to…

For teachers, in particular, the importance of early retirement investing has never been more critical. The reality is that, decades from now, when teachers arrive at retirement age, their current state teacher retirement plan may have changed substantially. As a result, they do not want to reach retirement and regret that they never considered…

Over the past 70 years, the American university has become the global gold standard of excellence in research and graduate education. The unprecedented surge of federal research support of the post-World War II American university paralleled the steady strengthening of the American academic profession itself, which managed to attract the best and…

This report explores the working conditions and flows of state-funded secondary school teachers in Cambridgeshire compared to a select number of other local authorities and to the English national landscape as a whole between 2010 and 2015. It also presents findings for different subjects, highlighting the situation for science, technology,…

Like many professions, teaching is forever evolving. Due to several trends in the teaching force within the past forty years, the demographics of public school teachers have changed. Because many baby-boomers have reached retirement age, there has been an exodus of retiring teachers, which in turn has created a large number of open teaching…

In this descriptive paper we detail the structure of two Washington State teacher retirement plans: a traditional defined benefit plan and a hybrid defined benefit-defined contribution plan. We provide preliminary evidence on how retirement plan structures may relate to the choices that teachers make. Our analysis of the financial incentives…

As a state legislator, you're well aware of the fiscal pressures that have caused many states to change their pension systems. But you should also be aware of the impact that pension reform has on public education. This brief guide shows you how and why pension programs affect your state's efforts to attract and retain the best teachers. It…

Teacher pension systems target retirements within a narrow range of the career cycle by penalizing individuals who separate too soon or remain employed too long. The penalties result in the retention of some teachers who would otherwise choose to leave, and the premature exit of some teachers who would otherwise choose to stay. We examine how the…