"Charting a New Course to Retirement: How Charter Schools Handle Teacher Pensions"
Pension plans for teachers in charter schools vary widely, ranging from the state deﬁned-beneﬁt plans set up for regular public school teachers, to the defined-contribution, match-type plans used in other ﬁelds, to nothing at all, a new analysis ﬁnds.
The first-of-its-kind analysis, released last month by the Washington-based Thomas B. Fordham Institute, examines data from Arizona, California, Florida, Louisiana, Michigan, and New York. Those states allow charter schools to choose whether to participate in a state pension plan.
Among its findings, the report notes that participation in a state pension plan differed by type, with stand-alone charter schools more likely to use the state system than those run by nonprofit charter-management organizations or by for-profit education management organizations. Levels of school participation in a state plan ranged from 90 percent or more in California to fewer than a quarter of charters in Arizona.
Vol. 30, Issue 36, Page 5
Get more stories and free e-newsletters!
- Kindergarten teacher
- Saint Sophia School, Holladay, UT
- Alphonsus Academy & Center for the Arts, Chicago, IL
- Director, Professional Development Curriculum Design & Development
- Northwest Evaluation Association, Portland, OR
- Middle School Teachers - $125K Salary
- The Equity Project (TEP) Charter School, New York, NY
- Deputy Chief Academic Supports Officer
- School District of Philadelphia, Philadelphia, PA