Graying Teachers

Graying Teachers PDF

Author: Frank V. Auriemma

Publisher: University of Oregon ERIC Clearinghouse on Educational Management

Published: 1992

Total Pages: 116

ISBN-13:

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Nearly a million teachers will reach retirement age in the next 9 to 11 years. This report presents a complete state-by-state overview of the retirement programs available to America's teachers. Chapter 1 presents the issues of teacher aging, retirement, and early retirement and asks how school districts might effectively manage the retirement and replacement of teachers. Chapter 2 surveys retirement plans in the 50 states and provides information on how to calculate a teacher's pension, with relevant data by state. Chapter 3 looks at local and state programs to entice teachers to retire early. Empirical methods are used to assess the effectiveness of various plans. Case studies of early retirement incentive plans in six districts show how these plans work. Based on conclusions drawn from these data, school officials are advised on how to create, implement, and evaluate an early retirement program. Chapter 4 calls for a national task force on teacher retirement and argues that the future of the teacher retirement system depends on resolving six related issues: (1) threatened financial viability; (2) lack of consistency between local and state policies; (3) lack of portability of plans; (4) lack of system flexibility in investment and withdrawal of funds for teachers; (5) lack of control by teachers as individuals and as a group; and (6) lack of equity among teachers in various districts. (21 tables, 48 references) (MLF)

Charting a New Course to Retirement

Charting a New Course to Retirement PDF

Author: Amanda Olberg

Publisher:

Published: 2011

Total Pages: 30

ISBN-13:

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In the wake of the economic downturn that began in 2008, public schools face serious and seemingly long-term fiscal challenges. Rising pension costs are a particular concern for school districts, whose dollars help prop up state retirement plans that often have substantial unfunded liabilities. Yet public school districts have no alternatives; almost all of them are joined by statute to state pension systems (or, sometimes, to their own local pension systems). It's different in some states for public charter schools, which are often allowed to develop their own policies and offer pension or retirement plans for their staffs. In this paper, the authors examine two questions: (1) When given the option, how many charter schools choose to participate in their regular state (or local) teacher pension plans, and how many do not?; and (2) In the case of charter schools that do not participate in state plans, what--if anything--do they offer instead? To answer these questions, the authors analyzed data for six charter-heavy states that permit their charter schools to choose whether or not to participate in the state pension plan. They found that charter participation rates are low in jurisdictions where teachers in the state plan also participate in Social Security (New York, Florida, Michigan, Arizona). However, in states where teachers in the state retirement plan are not also included in Social Security (California, Louisiana), charter participation rates are high. In the latter states, opting "out" of the state system means opting in to Social Security, which evidently creates an incentive for charters to favor their state retirement systems. When charter schools do not participate in state retirement plans, they most often provide their teachers with defined-contribution plans--401(k) or 403(b)--with employer matches that resemble those for private-sector professionals. A continuing study of the alternatives employed by such schools could instruct the reform of traditional pension systems, while also informing issues of teacher recruitment, retention, and quality. States profiles are appended. (Contains 10 tables, 8 figures, and 40 footnotes.).

State Pension Systems Or Public-school Teachers

State Pension Systems Or Public-school Teachers PDF

Author: National Education Association of the

Publisher: Legare Street Press

Published: 2022-10-27

Total Pages: 0

ISBN-13: 9781018701479

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This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Pensions for Public School Teachers

Pensions for Public School Teachers PDF

Author: Clyde Furst

Publisher:

Published: 2015-07-14

Total Pages: 110

ISBN-13: 9781331394570

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Excerpt from Pensions for Public School Teachers: A Report for the Committee on Salaries, Pensions, and Tenure, of the National Education Association The National Education Association's Committee on Salaries, Tenure, and Pensions, appointed in 1911, has published, independently or in cooperation with the United States Bureau of Education, reports on "Teachers' Salaries and Cost of Living" (January, 1918), "The Tangible Rewards of Teaching" (Bulletin 16, U. S. Bureau of Education, 1914), "Salaries of Teachers and School Officers" (Bulletin 81, U. S. Bureau of Education, 1915), and "State Pension Systems for Public School Teachers" (Bulletin 14, U. S. Bureau of Education, 1916). The Committee has also enlisted the cooperation of the Carnegie Foundation for the Advancement of Teaching which, in addition to its granting of pensions to university and college professors, has conducted, for a dozen years, comprehensive studies of pensions for teachers, wherever such systems exist. The President of the Foundation, Dr. Henry S. Pritchett, placed at the disposal of the Committee all of this material, together with the services of the Secretary of the Foundation, Dr. Clyde Furst, and his colleague, Dr. I. L. Kandel. These gentlemen have met in extensive conference with the Committee and invited representatives from each state at the meetings of the National Education Association and its Department of Superintendence, at Detroit and New York in 1916, and Atlantic City and Pittsburgh in 1918. The reports which they prepared for these meetings, the meeting at Kansas City in 1917, and the meeting of the National Council of Education at New York in 1916, have been printed in the Tenth, Eleventh, and Twelfth Annual Reports of the Carnegie Foundation, which have been sent, without charge, to all teachers who requested them. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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