Marguerite Roza and Michael Podgursky
November 2013
In this essay from The SEA of the Future Volume 2, Marguerite Roza and Michael Podgursky draw on their research on productivity and pensions to look in depth at the startling long-term costs of educator pension systems and the counterproductive employment incentives embedded in these systems. Although only state legislatures and pension boards can change pension systems, the authors argue that state education chiefs can leverage data to add transparency to pension incentives and alert districts to human capital policies that drive up pension costs.