Portable pensions, please

“The most potent education reform may be the one that’s too often considered a side issue: pension reform.” That’s the word of the editorial writers at the Wall Street Journal.

Before you dismiss the suggestion based on the source alone, consider this: New teachers, once they get past the initial rough year or two, are sometimes the best teachers a school has. They haven’t had time to get worn down or cynical, for one thing. Yet the current retirement system effectively discourages them.

The Journal also quotes a report from Education Sector, which says under the current approach “”too many veteran teachers who are burned out stay because they do not want to walk away from the benefits and service time they have accrued.” That’s not exactly what students need.

For more on the report, see what I wrote a short time ago.

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