An examination of the impact of early retirement incentives on school district financial health
Author: M. Jon Dean
Publisher:
Published: 2012
Total Pages: 0
ISBN-13:
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Author: M. Jon Dean
Publisher:
Published: 2012
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKAuthor: Frank V. Auriemma
Publisher: University of Oregon ERIC Clearinghouse on Educational Management
Published: 1992
Total Pages: 116
ISBN-13:
DOWNLOAD EBOOKNearly 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)
Author: Marc F. Bernstein
Publisher:
Published: 1984
Total Pages: 260
ISBN-13:
DOWNLOAD EBOOKAuthor: Nicholas Greifer
Publisher:
Published: 2004
Total Pages: 70
ISBN-13: 9780891252672
DOWNLOAD EBOOKAuthor: Judie M. Meier
Publisher:
Published: 1986
Total Pages: 202
ISBN-13:
DOWNLOAD EBOOKAuthor: Maria D. Fitzpatrick
Publisher:
Published: 2013
Total Pages: 47
ISBN-13:
DOWNLOAD EBOOKEarly retirement incentives (ERIs) are increasingly prevalent in education as districts seek to close budget gaps by replacing expensive experienced teachers with lower-cost newer teachers. Combined with the aging of the teacher workforce, these ERIs are likely to change the composition of teachers dramatically in the coming years. We use exogenous variation from an ERI program in Illinois in the mid-1990s to provide the first evidence in the literature of the effects of large-scale teacher retirements on student achievement. We find the program did not reduce test scores; likely, it increased them, with positive effects most pronounced in lower-SES schools.
Author:
Publisher:
Published: 2001
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1994
Total Pages: 52
ISBN-13:
DOWNLOAD EBOOKAuthor: Gilbert R. Jacobson
Publisher:
Published: 1987
Total Pages: 272
ISBN-13:
DOWNLOAD EBOOKABSTRACT.
Author: Eric L. Ehrenberg
Publisher:
Published: 1991
Total Pages:
ISBN-13:
DOWNLOAD EBOOKIn an effort to reduce salary costs, many school districts have begun to offer teachers financial incentives to retire early. Often, however, these districts have limits on the number of cumulated unused sick leave days that teachers may receive cash payments, credits toward future health insurance, or retirement credits for, at retirement. Thus, one might expect that in addition to stimulating early retirement, early retirement incentive programs may interact with sick leave provisions and provide an unintended incentive for increased teacher absenteeism. To the extent that less learning occurs when regular teachers are absent and student motivation to attend school is also reduced, student academic performance may suffer. This surely would be an unintended side effect of these policies. To address these issues, this paper, which is based on an extensive data collection effort by the authors, presents an econometric analyses of variations in teacher and student absenteeism across the over 700 school districts in New York State in 1986-87 and of how such variations influence student test score performance.