Traditional pension benefits aren’t portable. When a teacher moves to a new state, her previous service years don’t automatically rollover for free. Instead, she starts back at zero.
Teach for America celebrates its 25th anniversary this year. An increasing number of alumni are staying in the classroom, and the organization has adopted new policies to recognize this.
Over 6 million public sector workers are not covered by Social Security, including about 1.2 million public school teachers.
The judge’s ruling is a tough blow for the city’s finances and could worsen the situation for new and future workers, including teachers.
Because of post-recession pension cuts, new teachers in Chicago were placed in a less-generous plan and will face negative net benefits for their first two decades of service.
Court tells the state it can’t cut benefits for existing workers, so new and future workers will have to bear the full brunt of cuts.
For most teachers, a pension won’t lead to a cushy retirement.
Just because a teacher has the option to get a pension at some point down the road doesn’t necessarily mean she should take it.
How Illinois became one of the worst-funded states in the nation (pension-wise) and the consequences for the state’s education funding.
Teachers who perform well and want to teach beyond the prescribed plan retirement age shouldn’t be punished
There’s some good news for schools and teachers from the Center for American Progress: more new teachers are staying in the classroom after five years, up nearly 20 percentage points since 2007.
Charter schools recognize that current teachers are increasingly mobile, so they offer teachers portable benefits.
The median U.S. worker has less than five years of experience at his or her current job and teachers are no exception.
Most people probably don’t realize not all workers are covered under Social Security. In particular, teachers constitute one of the largest groups of uncovered workers.
In Michigan, school funding has increased, but schools aren’t seeing much of the money. Instead, most of the funding increases are going toward paying off the state’s retirement debt.
While most TFA teachers may not realize it, almost all are losing out on retirement benefits for their time in the classroom.
According to national data, four out of ten teachers will leave the classroom within five years. But turnover isn’t evenly distributed.
Public sector unions praise Social Security. Except they don’t want it for all of their workers.
The Empire Center and several other organizations have published a database of New York teacher and administrator pensions that lists the pensions and service years of every member.
Pension benefit increases have been a painless way for politicians from both parties to provide something tangible to powerful interest groups without having to pay the costs immediately.
Districts should consider paying principals more to attract strong candidates. Rather than paying principals substantial retirements at the back end, districts can pay more upfront in salary.
Some Tennessee districts are much better at retaining highly effective teachers than others.
Of the college graduates who became teachers, 30 percent left within six years.