To improve the finances of the Teacher Retirement System of Texas, which serves almost 1.5 million workers and retirees, Texas Governor Greg Abbott signed legislation in spring 2019 that gradually raises plan contributions by the state, school districts, and employees. Additional contribution hikes may be necessary to close the plan's funding gap,…

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…

Most teachers have tenure protections that constrain dismissal. Some argue that tenure improves recruitment and retention by mitigating the risk of monopsony employment and substituting job security for lower salaries. Others argue that tenure reduces performance incentives making it difficult to dismiss ineffective teachers. We examine…

The decades between tenure and retirement constitute the longest yet least understood period of a faculty member's career. Previous research depicts the midcareer as fraught with reduced job and career satisfaction, lowered productivity, and even stagnation. However, we suggest a reframing of this period. Drawing on data from surveys and…

Pensions are a promise made today of benefits to be received tomorrow. They reward employees, including public school teachers, who remain working in a system for extended periods, often for their entire careers. And they impose large costs on those who leave before reaching retirement eligibility--all in the hopes of encouraging them to stay.…

This study is a pioneer study examining the effects of personal and occupational background variables on the attitude of faculty members to an obligatory retirement age in academia. Previous studies on performance measures of academic faculty in research, teaching, academic administration, and contribution to the community, testified to…

Using a panel data set of scientists in the US, we examine the hypothesis that workers in jobs poorly matched to their education are more likely to retire. In pooled estimates, we confirm that the mismatched are more likely to retire and that among retirees, the mismatched retire at younger ages. Hazard function estimates also support the…

In any academic department, faculty members retire or leave for a variety of reasons, and new faculty members are hired to replace departing faculty or fill newly created positions. This report focuses on departures, retirements, recruitments, and new hires in physics and astronomy departments. In our Academic Workforce Surveys, we collect the…

A growing educator shortage is having significant impacts in schools and communities throughout the United States. In response to this growing concern, the Kansas Teacher Retention Initiative was launched in the summer of 2021, with a focus on measuring, understanding, interpreting, and disseminating data-driven insights regarding the driving…

The financial problems afflicting the Illinois teacher pension plan have grabbed headlines. An equally important problem, though underappreciated, is that relatively few teachers benefit much from the plan. This report evaluates the pension benefits provided to Illinois public school teachers. The researchers project annual and lifetime pension…

Purpose: During the past two decades, principal turnover issues have raised nationwide concerns about leadership stability and student performance. With national data from National Center for Education Statistics, this study examines how principal working conditions influence the probability of different types of principal turnover (mover,…

This descriptive survey research utilized a content-validated questionnaire to determine the perceived impact of the implementations of a K to 12 education system in the Philippines. It also determined how teachers plan to manage the possible threats of the new K to 12 education system to their tenure and financial stability. For this study, 77…

The California State Teachers' Retirement System (CalSTRS) has been grossly underfunded for the past decade. State policymakers have responded by cutting plan benefits for new hires and raising teachers' required plan contributions. These changes, however, have undermined teachers' retirement income security. Only 35 percent of new hires will…

The goal of this study is to: (1) provide an overview of the characteristics of 2018-2019 MCPS school principals at each school level (elementary, middle, and high school); (2) examine the factors associated with principals leaving their positions; (3) explore the turnover of school principals in the last nine years in MCPS and its relationship…

This report presents selected findings from the Public School Principal Status Data File of the 2016-17 Principal Follow-up Survey (PFS). The PFS is a nationally representative sample survey of public K-12 schools in the 50 states and District of Columbia and was initiated to inform discussions and decisions regarding principal attrition and…