Figure 1.

Total Compensation as a Percent of Private Sector Wages, by Sector, 2010

160%

148.1%
147.0%

142.3%

120%
100.0%

80%

90.5%

40%
0%

Private sector State and local sector

Source: Munnell et al. (2011)

* When using these data, please cite the Center for Retirement Research at Boston College.

DECIMAL FORMAT FOR BAR CHART

Private sector
Wages
1
ECEC Ben
0.469895288
Discount
0
Retiree H
0.0112359197

State
State and local sector
0.8464236 0.9053696
0.4460062585 0.477066693
0.0218312093 0.012969915
0.0259613989 0.027769383

142.3%

138.2%

90.5%

e and local sector

and local sector

Figure 2. State and Local Relative to Private Sector Wages, by Wage Tercile, 2006-2010

Lowest tercile

2.0%

Middle tercile

Highest tercile

-0.5%

-21.1%

-30%

-20%

-10%

0%

Source: Munnell et al. (2011).

* When using these data, please cite the Center for Retirement Research at Boston College.

Wage Difference
Highest tercil -0.2111829
Middle tercile -0.0049476
Lowest tercile 0.0204425

10%

Figure 3. Percent of Teachers, by Wage Tercile

60%
48%

50%

41%
40%
30%
20%
10%

10%

0%
1

Note: Terciles are based on public sector wages only. Teachers include only those in the 2007-08 School and Staffing Survey wa
Sources: Authors calculations based on U.S. Department of Labor, Current Population Survey (CPS) (1999-2010); and Nationa
* When using these data, please cite the Center for Retirement Research at Boston College.

1
2
3

10%
48%
41%

41%

007-08 School and Staffing Survey wave who are covered under teacher retirement plans in the Public Plans Database.
urvey (CPS) (1999-2010); and National Center for Education Statistics, School and Staffing Survey (SASS) (2003-04, 2007-08).

c Plans Database.
ASS) (2003-04, 2007-08).

Figure 4. Impact of Selected Factors on Teacher Undergraduate Institution SAT Score

Wage ratio

8.1

Employer retirement cost

10.5

Level of school - high school

15.9

Household income ratio

18

Minority enrollment

12.3

Master's degree
Age

-11.2

State match

-48.4

Minority teacher

-69.9
-80

-60

-40

-20

20

Notes: Changes are one standard deviation for continuous variables and 0/1 for dichotomous variables. All variables displayed a
Source: Authors calculations from various sources as described in the text.
* When using these data, please cite the Center for Retirement Research at Boston College.

Minority teache
State match
Age
Master's degree
Minority enroll
Household inco
Level of school
Employer retire
Wage ratio

-69.9
-48.4
-11.2
38.2
12.3
18.1
15.9
10.5
8.1

8.1
10.5
15.9
18.1
12.3
38.2

20

40

60

es. All variables displayed are significant at the 5 percent level or better. The SAT score in this equation is for the 25th percentile.

e 25th percentile.