Retirement & Pensions
Education news, analysis, and opinion about school staff retirement and the related financial obligations and issues for districts and states
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How familiar are you with teacher retirement?
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A lot has changed over the last decade. The number of public school students to graduate on time has increased sharply. Education has moved online.
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“Building Your Financial Security for Retirement” is a new whitepaper from EdWeek and Equitable to help educators learn how to make plans...
School & District Management
A Lauded Superintendent Retires After Years of Crises: 'I Don’t Want to Become Bitter'
The pandemic brought huge leadership challenges to superintendents. As some leave the job, who will replace them?
Teaching Profession
Explainer
Did COVID-19 Really Drive Teachers to Quit?
An Education Week analysis shows that the predicted wave of leavers has not yet materialized across the nation.
Teaching Profession
Video
What It’s Like to Retire During a Pandemic
For first grade teacher Kristi Kucera, retiring in the middle of the coronavirus pandemic disrupted her plans.
Education
Public Pensions Have Lost $1 Trillion in Value. That's Bad News for Teacher Pay
States, school districts and teachers next year are likely to be on the hook for higher pension rates as the investment markets tank because of the coronavirus. That will leave districts with less money to spend on other K-12 priorities, including teacher pay.
States
State-District Tensions Swell Over School Pensions
There’s a tussle over the right balance for who should pick up the tab for teacher retirements and how that affects wealthier and less-wealthy districts.
Teaching Profession
Retired Teachers Struggle to Make Ends Meet
Many teachers went into the profession for the promise of a comfortable pension. But payouts haven’t always kept up with cost of living, and some retirees are barely scraping by.
Law & Courts
News in Brief
Illinois High Court Backs Pension for One-Day Teacher Substitute
A union lobbyist who worked just one day as a substitute teacher is entitled to a pension worth potentially tens of thousands of dollars annually, the Illinois supreme court has ruled.
Teaching Profession
Most Teachers Won't Have Enough Retirement Savings Under Pension Plans, Study Finds
A new study estimates that 81 percent of teachers won't have comfortable retirement savings under a typical defined-benefit pension plan.
Teaching Profession
The Kentucky 'Pension Flu' Has Hit Teachers Once Again
Several school districts have been forced to close due to a large number of teachers calling out sick in protest of a pension-reform bill.
Education Funding
Kentucky Pension Law That Spurred Teacher Protests Is Nixed in High Court
The Kentucky Supreme Court on Thursday struck down a law that made changes to the state's struggling public pension system eight months after it prompted thousands of teachers to protest, closing schools across the state.
Education Funding
News in Brief
California's Teacher-Pension Fund Divests From Prison Companies
California's teacher-pension fund is pulling its investments out of two private prison companies that have contracts to house immigrants detained at the Mexican border.