Retirement & Pensions

Education news, analysis, and opinion about school staff retirement and the related financial obligations and issues for districts and states
Female teacher taking the first step into a circular photo of a dark classroom with a spotlight shining on an empty chair in front of a chalkboard.
Collage by Gina Tomko/Education Week and Getty
Recruitment & Retention Could Retired Teachers Be the Answer to Shortages? It's Complicated
Some hard-pressed states are letting retired teachers "double dip" and collect their pension on top of a new salary.
Madeline Will, October 11, 2022
6 min read
Image of a calculator and fincancial visuals.
iStock/Getty collage
Budget & Finance Districts Spend Up to a Third of Their Payroll on Pensions. What That Means for Budgets
Despite healthy returns in 2021, some districts' share of retirement benefits and debt servicing has crept up to high levels.
Stephen Sawchuk, September 12, 2022
5 min read
Classroom without students. Empty desks
Yue/iStock/Getty
Recruitment & Retention From Our Research Center How Many Teachers Are Retiring or Quitting? Not as Many as You Might Think
An EdWeek Research Center survey found that teacher resignations in the year leading up to August 2022 were only slightly above 2019.
Libby Stanford, August 10, 2022
2 min read
Russian And Ukrainian flags on a desk.
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Teaching Profession How the War in Ukraine Could Affect Teacher Pensions
K-12 pension funds are in the news as some states move to divest from Russian assets—but the impact on educators isn't yet clear.
Mark Lieberman, March 23, 2022
3 min read
Woman of color exiting out of a door.
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Teaching Profession Exits by Black and Hispanic Teachers Pose a Threat to Learning Recovery
Amid the pandemic's toxic brew of death, illness, and classroom disruption, these departures have created another strain for students.
Heidi de Marco, Kaiser Health News, February 15, 2022
6 min read
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Santa Rosa City Schools Superintendent Dr. Diann Kitamura poses for a portrait inside the district’s headquarters in Santa Rosa, California, on May 6, 2021. Dr. Kitamura is stepping down from her role at the end of June.
Diann Kitamura is the superintendent in the Santa Rosa, Calif., school district, which was battered by massive wildfires and then the pandemic. Kitamura will step down at the end of June.
Ramin Rahimian for Education Week
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?
Stephen Sawchuk, May 21, 2021
12 min read
Teachers and staff protest outside Franklin D. Roosevelt High School in New York Oct. 2, calling for more and better COVID-19 testing and precautions. Teacher retirements are actually down this year in the city despite the pandemic.
Teachers and staff protest outside Franklin D. Roosevelt High School in New York Oct. 2, calling for more and better COVID-19 testing and precautions. Teacher retirements are actually down this year in the city despite the pandemic.
AP Photo/John Minchillo
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.
16 min read
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.
Kaylee Domzalski, June 18, 2020
2:13
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.
Daarel Burnette II, April 10, 2020
4 min read
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.
Daarel Burnette II, October 1, 2019
7 min read
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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.
Madeline Will, April 25, 2019
7 min read
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.
The Associated Press, April 16, 2019
1 min read