Don Curtis Interview with Brenda Berg – Carolina Newsmakers
North Carolina Teachers and State Employee Retirement System and Health Benefits
Note: This blog post features a brief from page 26 of our 2018 Facts & Figures publication, contextualizing North Carolina education data with a short description of an historical feature or a critical issue in North Carolina. Read more and find further information at www.NCEdFacts.org. All full-time employees in North Carolina public schools participate in the state’s Teachers and State Employees Retirement System (TSERS). TSERS provides qualifying employees a guaranteed salary and individual health benefits upon retirement from state government. In North Carolina, employees vest in TSERS after five years of service. Employees may retire with unreduced benefits after 30 years at any age, after 25 years of service at age 60 or older, or after five years at age 65 or older. Teachers contribute 6% of their pre-tax salary to TSERS, a rate that has been consistent since 1975. Nearly all states maintain a defined benefit (pension) plan for teachers and other state employees; in North Carolina and 29 other states, all teachers also participate in social security. TSERS is roughly comparable to the national median state plan and significantly more generous than the private sector average. Retiree health benefits in North Carolina are significantly more generous than the national median state plan and the private sector. Active state employee premiums for individual health care coverage are more generous than most other state plans and the private sector, but less generous than average for family plans. Source: North Carolina TSERS Handbook, NCGA Fiscal Research Division – Comparison of the Value of Employee Benefits
K-12 Education Finance in North Carolina
Note: This blog post features a brief from page 42 of our 2018 Facts & Figures publication, contextualizing North Carolina education data with a short description of an historical feature or a critical issue in North Carolina. Read more at www.NCEdFacts.org. In North Carolina and nationwide, public education is financed through federal, state, and local expenditures. Nearly two-thirds of total K-12 public education funding in North Carolina comes from the state through position, dollar and category allotments (such as allotments for teachers, principals, teacher assistants, textbooks, classroom materials, and transportation). Districts received additional funding from the state based on student learning needs (such as for children with disabilities, English language learners, and economically disadvantaged students). The state also provides supplemental funding to low-wealth counties (68 across the state) and small counties (27). Combining state funding allotments, a first grade student with no special learning needs would receive $5,861 in state funding; an economically disadvantaged first grade student with limited English proficiency and special learning needs in a small, low-wealth county would receive $17,279 in state education funding. Roughly 11% of K-12 public education funding in North Carolina comes from the Federal government. Federal funds mainly support child nutrition, students with disabilities, and students from low-income households. Source: NC DPI 2017 Highlights of the Public School Budget K-12 Education Finance In addition to state and federal funds, local North Carolina counties provide additional funding to supplement state support for K-12 school operations; and provide funds to build, furnish, and maintain K-12 school buildings. Local dollars fund nearly 28,000 positions in K-12 public schools, including 7,315 service workers, 6,313 teachers, 1,937 teacher assistants, and 756 assistant principals across the state. Local funds for school operations range from $849 per pupil in Robeson County to $6,151 in Chapel-Hill/Carrboro City Schools. Source: NC DPI Annual Expenditure Report by LEA
Assessing Education in North Carolina
