Sentences with phrase «existing teacher pension system»

States should give each teacher the right to choose an alternative contract that contains terms and benefits consistent with those in the private sector (e.g., an at - will contract with standard health - care benefits, 401k, etc.), and sits outside of the existing teacher pension system.

Not exact matches

In keeping the existing defined benefit pension plans, policymakers are choosing to preserve a system where teachers and their employers are contributing more than teachers will ever receive back in benefits.

But charters also have higher annual turnover rates, suggesting that fewer of their teachers will ever truly benefit from existing pension systems.

Thankfully, mandatory retirement laws do not exist anymore, but current pension systems do subtly encourage older teachers to retire.

Mandatory retirement laws do not exist anymore, but current pension systems do subtly encourage older teachers to retire.

If states continue to preserve their existing pension systems at any cost, teachers will see the Pension Pac - Man eat further and further into their take - hopension systems at any cost, teachers will see the Pension Pac - Man eat further and further into their take - hoPension Pac - Man eat further and further into their take - home pay.

This paper uses a policy change in California to show that the extreme rewards and penalties built into existing defined benefit teacher pension systems do affect teacher retirement behavior.