Area 4: Retaining Effective Teachers Goal h
Figure 108
9 3 3 years or less
2 4 to 5 years
6 to 9 years
10 years
Figure 108 1 California offers a hybrid plan in which teachers vest immediately in the defined contribution component and vest in the defined benefit component after five years. 2 Florida’s defined benefit plan does not vest until year six; teachers vest in the state’s defined contribution plan after one year. 3 Ohio’s defined benefit plan does not vest until year five; teachers vest in the state’s defined contribution plan after one year. 4 Oregon offers a hybrid plan in which teachers vest immediately in the defined contribution component and vest in the defined benefit component after five years. 5 South Carolina’s defined benefit plan does not vest until year five; teachers vest immediately in the state’s defined contribution plan. 6 Based on Washington’s Plan 2. The state also offers a hybrid plan in which teachers vest immediately in the defined contribution component and vest in the defined benefit component after 10 years.
37
2
10 y ears
9 ye ars
5 ye ars
6 to
37
3 ye ars o r
How many years before teachers vest?
4 to
Figure 107
less
How many years before teachers vest?
Alabama Alaska Arizona Arkansas California1 Colorado Connecticut Delaware District of Columbia Florida2 Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio3 Oklahoma Oregon4 Pennsylvania Rhode Island South Carolina5 South Dakota Tennessee Texas Utah Vermont Virginia Washington6 West Virginia Wisconsin Wyoming
3
9