Is it enough to adjust existing plans?
Even in economically tough times, costs are higher than ever.
Teachers who change jobs or move pay a high price
The peculiar incentives of teacher pensions
A 1962 RAND Corporation study on teacher pay described teacher salary schedules in the following way:
There is more to compensation than a teacher’s salary
Public Education as a Business: Real Costs and Accountability by Myron Lieberman & Charlene K. Haar
WASHINGTON—As American schools reopen, a 15-year effort to “professionalize” the job of teacher is running up against a strong counterforce—the urgent need to fill classroom vacancies. — Christian Science Monitor, August 26, 2002 The headlines in those early years of No Child Left Behind (NCLB) were consistently alarming. “As Standards Rise, Too Few Teachers,” was […]
School reformers need to understand that on the issue of pension reform, labor and management are likely to be on the same side of the bargaining table.
A recent “Policy Memorandum” from the Economic Policy Institute by EPI researcher Monique Morrissey is sharply critical of our article “Peaks, Cliffs, and Valleys.” Morrissey has a number of critiques of our articles, but the main one, as the title suggests, is that our metaphors are inappropriate, and there is nothing at all “peculiar” about the structure of retirement incentives in teacher pensions.
In the Spring 2009 issue of Education Next, Robert Costrell and I presented data on the growing gap between employer pension costs for public school teachers and employer pension costs for private sector managers and professionals. This gap continues to widen.
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