scholarly journals Early Retirement Incentives and Student Achievement

2013 ◽  
Author(s):  
Maria Donovan Fitzpatrick ◽  
Michael Lovenheim
Keyword(s):  
Student Achievement ◽  
Early Retirement ◽  
Retirement Incentives

scholarly journals Early Retirement Incentives and Student Achievement

2014 ◽  
Vol 6 (3) ◽  
pp. 120-154 ◽  
Author(s):  
Maria D. Fitzpatrick ◽  
Michael F. Lovenheim
Keyword(s):  
Student Achievement ◽  
Test Scores ◽  
Early Retirement ◽  
Large Scale ◽  
Lower Cost ◽  
Experienced Teachers ◽  
Positive Effects ◽  
Retirement Incentives ◽  
Teacher Workforce

Early retirement incentives (ERIs) are increasingly prevalent in education as districts seek to close budget gaps by replacing expensive experienced teachers with lower cost newer teachers. Combined with the aging of the teacher workforce, these ERIs are likely to change the composition of teachers dramatically in the coming years. We use exogenous variation from an ERI program in Illinois in the mid-1990s to provide the first evidence in the literature of the effects of large-scale teacher retirements on student achievement. We find the program did not reduce test scores; likely, it increased them, with positive effects most pronounced in lower SES schools. (JEL H75, I21, I28, J26, J45)

scholarly journals Analysis Of Faculty Retirement Intention: Using A Proportional Odds Model

2011 ◽  
Vol 17 (3) ◽  
Author(s):  
Bahman Bahrami ◽  
Jerome W. Stockrahm
Keyword(s):  
Decision Making ◽  
Early Retirement ◽  
National Sample ◽  
Mandatory Retirement ◽  
Retirement Age ◽  
Factors Affecting ◽  
Retirement Incentives ◽  
Retirement Decisions ◽  
Faculty Retirement ◽  
Expected Retirement Age

This paper uses data from a random national sample of faculty, age 50 and older, and explores factors affecting faculty member's retirement decisions for three expected retirement age categories.  The variables such as end of mandatory retirement, age, current salary, expected others sources of income, early retirement incentives, and years of education have a significant effect on faculty retirement decisions.  An understanding of these factors can help decision making for staffing purposes.

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