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An Examination Of The Impact Of Early Retirement Incentives On School District Financial Health, Michael Jon Dean
An Examination Of The Impact Of Early Retirement Incentives On School District Financial Health, Michael Jon Dean
Wayne State University Dissertations
The combination of state controlled school funding in Michigan, rising employee costs and shrinking school enrollments have caused school districts to seek a variety of cost control measures. One of the measures frequently supported by both school districts and employee unions is the use of Early Retirement Incentives (ERI) to incentivize teachers to separate from the school district via a cash payment.
The purpose of this study was to analyze how offering or not-offering an ERI impacted on the financial health of a school districts in the State of Michigan. Selected school districts in Michigan were surveyed regarding any ERI's …