How are teacher pension benefits funded? Under traditional plans, the full cost of career teachers' benefits far exceeds the contributions designated for them. The gap between the two has three pieces, which may (with some license) be mnemonically tagged the three R's of pension funding: "redistribution," "return," and…

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…

How might school funds be spent more effectively in today's uncertain environment? This up-to-date volume explores a range of ideas to help schools and districts better manage their resources, including: how to rethink staffing and management to get more value for employee compensation; how policymakers might revisit pension arrangements in ways…

The study aims to determine the socio-demographic and debt profile of the public-school teachers in the Schools Division of Aklan, Philippines, their reasons on acquiring debt and perceived ways to avoid debts. This study utilized descriptive correlational research design utilizing a researcher-made instrument on socio-demographic profile, pattern…

In response to financial pressures, the New York State Assembly has created new, less-generous retirement plans for teachers. Teachers and other education employees are enrolled in one of two plans, the Teachers' Retirement System of the City of New York (TRS) and the New York State Teachers' Retirement System (NYSTRS). How far have the benefits…

This paper examines the savings behavior of public school teachers who are enrolled in a hybrid pension plan that includes a defined contribution (DC) component. Few states have incorporated DC features into teacher pension systems and little is known about how providing teachers with greater control over deferred compensation might affect their…

This paper aims at highlighting and interpreting current empirical facets of the Greek educational pathogeny through a sociological approach. Especially, the paper tries to investigate the relationship between education and employment in modern Greece based on the annual statistical report of KANEP/GSEE, choosing both selected facets and…

A large number of new community college presidents will be hired in the next 5 years due to vacancies. New leaders must be prepared to lead their institutions through the challenges facing community colleges. Forty-one community college presidents in North Carolina participated in our research (70.7% response rate). We found that community college…

One of the primary objectives of the National Center for Higher Education Management Systems (NCHEMS) is to develop methods and techniques to assist institutional decision makers in allocating and utilizing available resources. Besides being key institutional resources, faculties are primary users of financial resources. Their salaries often…

When people talk about school district efficiency, their first thoughts are about financial management. Are districts balancing their budgets, paying bills on time, and maximizing their revenues? This report takes a closer look at financial management in California school districts. The report is a summary of the 2006 research study, "School…

A reporter returned to his undergraduate institution, the University of Pennsylvania, to learn why tuition has risen so much in recent decades, and how the university spends the income. The complexity of administering the university enterprise is highlighted, and some perceived inequities are identified. Topics discussed include endowment funds,…

Teacher salaries are the largest item in school budgets but difficult to forecast. Presents a technique for forecasting teacher salaries called transition-based budgeting. This can increase the accuracy of budget projections by 300 percent. (Author/MD)

Internal determinants of college faculty salary levels are discussed. It is argued that the task of maintaining faculty compensation at an adequate level is affected considerably by the nature of the faculty personnel systems, particularly the system of faculty rank and its relationship to pay. The basic dilemma lies in the way the faculty is…

This paper describes a method of projecting inflation-adjusted (real) retirement benefit replacement ratios for defined contribution retirement plans such as TIAA-CREF (Teachers Insurance and Annuity Association--College Retirement Equities Fund). The illustrated ratios are comparable to the ratios in defined benefit plans that result…

An average of 33.5 percent of school district expenditures is spent on classroom teachers' compensation in Wisconsin elementary schools. The range varies from a low of 21.4 percent to a high of 45.9 percent. Financial data were analyzed from the survey responses of 110 of Wisconsin's 431 districts. The reasons for the average proportion spent on…