Tag Archives: University of Colorado Denver

Last week the Christian Science Monitor featured a full-length article on the state of teacher performance pay, with special focus on Denver’s ProComp program. It’s an especially great piece for someone who has little familiarity with the topic — as some of the leading figures are quoted: Brad Jupp from DPS, Phil Gonring from the Rose Community Foundation, Paul Teske from the University of Colorado Denver, and Kim Ursetta from the teachers union, to name a few. Once you’ve read the article, if you still yearn to learn more, you should check out the Issue Paper Denver’s ProComp and Teacher Compensation Reform in Colorado (PDF) by my Education Policy Center friend Ben DeGrow. He’s glad to give other groups an “honest education in ‘professional pay’”.

I’m pretty smart for a 5-year-old. But sometimes I wander into a topic that’s just over my head. That doesn’t mean it’s not important, but it’s probably just best if I let the big people talk about it themselves. My friends in the Education Policy Center released a new Issue Paper today, called Deferred Retirement Compensation for Career K-12 Employees: Understanding the Need for Reform (PDF). It was researched and written by Dr. Michael Mannino from the University of Colorado Denver. Rather than try to explain the paper myself, here’s the summary from the Independence Institute website: To improve understanding of public K-12 retirement compensation, this Issue Paper provides historical estimates using a substantial sample of retiree characteristics and salary histories. Deferred retirement compensation from a hybrid defined benefit plan is defined as the difference between an employee’s estimated retirement account balance and the greater pension value she expects to receive. When accounting for K-12 employee compensation, large amounts of deferred compensation should be included. For the 846 Denver Public Schools retirees in the sample, average lump sum deferred compensation is $627,570. Wow, it would take a lot of piggy banks to put that much money in. But I think […]