Early Retirement Incentives and Student Achievement

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 4347

Classification and Topics

• Classification: Wirtschaft ; Retirement; Retirement Policies ; Analysis of Education ; Education: Government Policy ; State and Local Government: Health; Education; Welfare; Public Pensions
• Subject: teacher retirement ; early retirement incentives ; teacher experience

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Fitzpatrick, Maria D. ; Lovenheim, Michael F.
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2013

Further information

• Handle: http://hdl.handle.net/10419/79661
• Last update: 10.03.0038, 11:43 AM CET