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GAO-10-791R 1 (2010-06-04)

handle is hein.gao/gaobadxbd0001 and id is 1 raw text is: im T I IAccountability * Integrity * Reliability United States Government Accountability Office Washington, DC 20548 B-319797 June 4, 2010 The Honorable Tom Harkin Chairman The Honorable Michael B. Enzi Ranking Member Committee on Health, Education, Labor, and Pensions United States Senate The Honorable George Miller Chairman The Honorable John Kline Ranking Member Committee on Education and Labor House of Representatives Subject: Department of Education: Teacher Incentive Fund Pursuant to section 801(a)(2)(A) of title 5, United States Code, this is our report on a major rule promulgated by the Department of Education (Education), entitled Teacher Incentive Fund (RIN: 1810-AB08). We received the rule on May 19, 2010. It was published in the Federal Registeras a notice of final priorities, requirements, definitions, and selection criteria on May 21, 2010. 75 Fed. Reg. 28,714. The final rule is effective July 6, 2010. The final rule establishes priorities, requirements, definitions, and selection criteria under the Teacher Incentive Fund (TIF) program, which will be used in two separate and distinct TIF programs, the Main TIF Competition and the TIF Evaluation competition. The Main TIF competition will provide TIF funding to eligible entities to support their implementation of a performance-based compensation system in accordance with the priorities, the Main TIF competition requirements, the definitions, and the selection criteria in the final rule. The TIF Evaluation competition will provide TIF funding to help pay the costs of implementing the eligible entity's performance-based compensation system in exchange for an agreement to participate in the national evaluation, in accordance with the priorities, the Main TIF competition requirements, the definitions, and the selection criteria, as well as the Evaluation requirements established in the final rule. GAO-10-791R

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