Sentences with phrase «keep teacher pensions»

Not exact matches

The Educational Conference Board, a coalition of school boards, teachers unions, and school administrators, say the state's schools need and additional $ 1.5 billion next year just to keep up with rising costs like health insurance premiums and pensions.
The Educational Conference Board, a coalition of school boards, teachers unions and school administrators, said the state's schools need an additional $ 1.5 billion next year just to keep up with rising costs like health insurance premiums and pensions.
Anti-tax cap groups, including the state United Teachers, are disappointed in the Democratic - led Assembly's version of the cap, which keeps the 2 percent ceiling on the growth of taxes, but does include some narrow exemptions for pensions
The Educational Conference Board, a coalition of school boards, teachers unions, and school administrators, say the state's schools need an additional $ 1.5 billion next year just to keep up with rising costs like health insurance premiums and pensions.
The research field of teacher pensions has been a relative backwater, but lately it just keeps getting more interesting.
Pension plans do appear to exert a limited «pull» effect that keeps some late - career teachers on the job as they near retirement.
Regardless of why teachers join the profession or how long they intend to stay, it's clear that qualifying for a pension is not enough to keep them in it.
Will they keep defending pension plans where a few teachers get solid retirement benefits at the expense of the majority?
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.
At the very least, we'll see a transition to cash - balance plans, which keep the government on the hook for a guaranteed payout but allow teachers to «cash out» at any time without losing their pension wealth.
Keeping public - school teachers» pensions plans flush is expensive, and it accounts for a growing share of education spending.
This would be better for teachers and help keep states from continuing to add to their burgeoning unfunded pension liabilities.
Ideally, teachers would keep their low salaries (and low pension contributions) for almost all of their career.
To maximize the net return on their pensions, teachers should want to keep those contributions as low as possible.
In fact, the opposite is true, they argue: States depend on the constant turnover to keep pension costs down, and pension rules are often to blame for pushing out the most veteran teachers as soon as they reach retirement age.
After all, the concerns that handed former governor Arnold Schwarzeneggar's first major defeat — the slew of propositions that would have addressed pension reform, budget reform, teacher tenure rules and other issues that would have kept our state on an even economic keel — were thrown asunder by the public sector unions who now OWN this state.
I believe the one comment that districts seem to be okay with the revolving door of young teachers who only stay 1 - 5 years max, to keep costs down and avoid the skyrocketing retirement pension costs that we are now experiencing, that may jeopardize the six figure administrative salaries.
Atlanta Public Schools Chief Financial Officer Lisa Bracken said the school district has higher costs for several reasons: The expense of city living drives up teacher pay; the district has «low population» schools that lack economies of scale but are kept open «due to urban traffic constraints and community needs;» many students need extra services because they have learning problems or disabilities, don't speak English fluently or come from poverty; and the district has a large unfunded pension liability with growing obligations.
If you've read this far, we hope you keep coming back for more information on teacher pensions as we continue to write and blog about the issue.
Moreover, if we care about keeping veteran teachers, then we should be concerned about the much larger «push - out» effect that pensions have on teachers who reach the normal retirement age.
Further, even those early childhood teachers who are eligible to enroll in a traditional teacher pension plan are still unlikely to benefit from the rewards promised — their tendency to be lower - paid and more mobile keeps them from reaping the back - end rewards of a state plan.
It's understandable that as a trade group representing large pension plans, the NPPC doesn't want to have a conversation about why public - sector retirement plans like those offered to teachers are getting worse over time, while those offered in the private sector keep getting better.
A year ago, we released The Pension Pac - Man: How Pension Debt Eats Away at Teacher Salaries, which showed that, over the last 20 + years, teacher salaries have not kept up with inflation, but total teacher compensatiTeacher Salaries, which showed that, over the last 20 + years, teacher salaries have not kept up with inflation, but total teacher compensatiteacher salaries have not kept up with inflation, but total teacher compensatiteacher compensation has.
In brief, pension plans do appear to exert a limited «pull» effect that keeps some late - career teachers on the job (remember, most teachers have left before then).
Moreover, extremely high (and rising) pension costs have played a role in keeping teacher salaries flat in recent years, and those costs have also contributed to large cuts in pension benefits for new teachers.
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