Equable Institute has issued a new white paper in partnership with Verdara examining the gap between charter school and traditional public school retirement outcomes.
While part of the same public education system, charter schools and traditional public schools operate in direct competition for the same pool of educators. However, a significant retirement disparity exists that threatens teacher retention and the retirement security of charter school educators. While traditional public school educators typically have access to state pension systems, charter schools do not universally participate in these plans.
In 22 states and the District of Columbia, charter schools have the option to opt out of—or are barred from—state retirement systems. Consequently, roughly 75.2% of charter school teachers work in environments where their school may not participate in a state pension plan.
For all the details, download the white paper below.
