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Rachel Jarrold-Grapes; Patten Priestley Mahler – Education Policy Analysis Archives, 2024
Teacher vacancies have been a long-standing issue in U.S. public schools, only made worse by the COVID-19 pandemic. Vacancies tend to be concentrated in high-poverty, high-minority schools and hard-to-staff subjects like special education and STEM. States have implemented various policies to decrease turnover, including offering teachers bonuses…
Descriptors: Teacher Retirement, Teachers, Teacher Salaries, Older Workers
Yamuel Perez-Sanchez – ProQuest LLC, 2023
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.…
Descriptors: Teacher Retirement, Influences, Compensation (Remuneration), Poverty
Goldhaber, Dan; Holden, Kristian L. – Educational Researcher, 2023
How much do teachers value compensation deferred for retirement (CDR)? This question is important because the vast majority of public school teachers are covered by defined benefit pension plans that "backload" a large share of compensation to retirement relative to the compensation structure in the private sector, and there is scant…
Descriptors: Teacher Retirement, Teacher Employment Benefits, Retirement Benefits, Compensation (Remuneration)
Dillon Fuchsman; Josh B. McGee; Gema Zamarro – AERA Open, 2024
Adequately preparing for retirement requires planning and knowledge about available savings and investment options. Teachers participate in a complex set of plan designs, and many do not participate in Social Security. While teachers represent a large part of the public workforce, relatively little is known regarding their knowledge and…
Descriptors: Knowledge Level, Readiness, Teacher Retirement, Retirement Benefits
Dan Goldhaber; Cyrus Grout; Kristian L. Holden – Journal of Education Human Resources, 2024
Defined benefit (DB) pension plans incentivize "salary spiking," where sharp increases in pay are leveraged into significantly higher levels of retirement compensation. While egregious instances of salary spiking occasionally make headlines, there is little guidance on the definition of salary-spiking behavior or understanding of its…
Descriptors: Teacher Salaries, Retirement Benefits, Teacher Retirement, Compensation (Remuneration)
Costrell, Robert M. – Education Finance and Policy, 2022
The ongoing crisis in teacher pension funding has led states to consider various reforms in plan design to replace the traditional benefit formulas, based on years of service and final average salary (FAS). One such design is a cash balance (CB) plan, long deployed in the private sector, and increasingly considered, but rarely yet adopted, for…
Descriptors: Teacher Retirement, Retirement Benefits, Teacher Salaries, Costs
Biggs, Andrew G. – Educational Researcher, 2023
The COVID-related financial market decline and economic recession have raised new concerns regarding the financial sustainability of retirement plans for state and local government employees, the largest group of whom is public school teachers. Using data from the Public Plans Database and the National Income and Product Accounts, I analyze…
Descriptors: Teacher Retirement, Retirement Benefits, Economic Climate, COVID-19
Lueken, Martin F. – American Enterprise Institute, 2021
Retirement benefits are integral to teacher compensation; yet, most pension plans are designed to reward teachers who remain in a system for a full career while levying substantial penalties on those who do not. Even teachers who devote their lives to the profession but do not stay in a single system for their entire careers are not served well by…
Descriptors: Retirement Benefits, Teacher Retirement, Public School Teachers, School Choice
Kong, Wei; Ni, Shawn – Educational Researcher, 2023
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…
Descriptors: Economics, Statistical Analysis, Teacher Retirement, Retirement Benefits
Angel M. Royal; Walter G. Bumphus; Kent Phillippe – American Association of Community Colleges, 2023
During the American Association of Community Colleges' (AACC) Annual Business Meeting held in conjunction with the association's convention, the President and CEO presents a report on chief executive officer (CEO) leadership transitions. CEO leadership transitions, as defined by AACC, include retirements, CEO movement from one college to another,…
Descriptors: Community Colleges, College Presidents, Administrators, Retirement
Dan Goldhaber; Cyrus Grout; Kristian L. Holden; Josh B. McGee – Online Submission, 2024
Retirement plans can create strong financial incentives that have important labor market implications, and many states have adopted alternative plan designs that significantly change these incentives. The authors use longitudinal data to investigate the impact of Washington State's 1996 introduction of a hybrid retirement plan on late-career…
Descriptors: Retirement Benefits, Incentives, Faculty Mobility, Teacher Employment Benefits
Goldhaber, Dan; Grout, Cyrus; Holden, Kristian; McGee, Josh – National Center for Analysis of Longitudinal Data in Education Research (CALDER), 2022
Over the last two decades, twenty-two states have moved away from traditional defined benefit (DB) pension systems and toward pension plan structures like the defined contribution (DC) plans now prevalent in the private sector. Others are considering such a reform as it is seen as a means of limiting future pension funding risk. It is important to…
Descriptors: Teacher Retirement, Retirement Benefits, Time, Labor Turnover
Fuchsman, Dillon; McGee, Josh B.; Zamarro, Gema – Annenberg Institute for School Reform at Brown University, 2021
Adequately saving for retirement requires both planning and knowledge about available retirement savings options. Teachers participate in a complex set of different plan designs and benefit tiers, and many do not participate in Social Security. While teachers represent a large part of the public workforce, relatively little is known regarding…
Descriptors: Teacher Retirement, Readiness, Knowledge Level, Retirement Benefits
Toutkoushian, Robert; Riffe, Karley; Sanford, Paula; Ness, Erik – Journal of Education Finance, 2022
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…
Descriptors: College Faculty, Retirement Benefits, Money Management, Planning
Anderson, Lynda Lahti; Hall, Sarah; Kramme, Julie E. D.; Stancliffe, Roger – Journal of Applied Research in Intellectual Disabilities, 2023
Background: Adults with intellectual disabilities are living longer and experiencing retirement. However, research about retirement experiences is limited. Method: This qualitative study used semi-structured interviews with 10 retired/retiring U.S. adults with intellectual disabilities and an ally of their choice. Results: Participants described…
Descriptors: Adults, Intellectual Disability, Retirement, Influences