How state pension subsidies undermine equity

When policy advocates debate how best to ensure equity in public education funding, the topic of teacher pension reform rarely comes up. But, in fact, pensions represent a very large and fast-growing source of education spending, much of it distributed in ways that are, in a number of states, anythi...

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Bibliographic Details
Published in:Phi Delta Kappan 2019-05, Vol.100 (8), p.37-41
Main Authors: Shuls, James V., Hitt, Collin, Costrell, Robert M.
Format: Article
Language:English
Subjects:
Budgets
Education finance
Education policy
Educational Equity (Finance)
Educational Finance
Educational Policy
EDUCATIONAL RESOURCES AND EQUITY
Equal Education
Financial Support
Funding
Pensions
Public Education
Retirement Benefits
School District Wealth
School Districts
State Aid
Teacher Retirement
Teachers
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Summary:When policy advocates debate how best to ensure equity in public education funding, the topic of teacher pension reform rarely comes up. But, in fact, pensions represent a very large and fast-growing source of education spending, much of it distributed in ways that are, in a number of states, anything but equitable. When states subsidize teacher pensions directly, rather than expecting local school systems to fund those pensions themselves, affluent districts tend to benefit the most.
ISSN:0031-7217
1940-6487
DOI:10.1177/0031721719846887