This brief offers an analysis of how cuts in pension benefits could affect the quality of teachers school districts are able to hire.
- Alicia H. Munnell and Rebecca Cannon Fraenkel of the Center for Retirement Research at Boston College
- Publication date:
- Filed under:
- Research Studies
- Key findings:
- Many public sector pension plans have recently cut pension benefits for new hires, thereby reducing compensation.
- One proxy for teacher quality is the average SAT score at a teacher’s undergraduate institution.
- School districts with higher wages and/or higher pensions are able to hire teachers from institutions with higher SAT scores.
- Cutting compensation for new teachers is not costless, as it will likely reduce applicant quality.
To download the brief, click here.
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- Compensation Matters_13-163