Pensions Blamed for Costing Schools New Talent

Baby boomers, who make up a majority of the U.S. teaching force, are inching closer to retirement. Couple that with the downturn in the economy, and renewed worries about pension-fund liabilities are cropping up across the nation.

Yet as policymakers focus on ways to make teachers’ pension plans sustainable over the long haul, some economists and administrators are concerned about what they see as another cost of those systems: the pressure they exert on the flow of teachers into and out of the profession.

Such plans, they say, strongly “backload” benefits toward teachers who stay in the profession for decades, regardless of whether those veterans are the most effective teachers. That bias, critics say, comes at the expense of teachers who are unable to commit to such a long career or who move to teach in...

This article is available to subscribers only.

To keep reading this article and more, subscribe now or purchase this article.

Already have an account? Please login.


Subscribe to Education Week and Save

Get a full year and save up to 45%!

Premium Online + Print


37 issues + Online Access
$89

You Save 45%

SUBSCRIBE NOW

(See details.)

Premium Online


12 Months Online Access
$74

You Save 38%

SUBSCRIBE NOW

(See details.)


Most Popular Stories

Viewed

Emailed

Recommended

Commented