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David Plank of PACE speaks at the Alternative Teacher Compensation Seminar on September 22nd in Menlo Park. In Fall 2009, the U.S. Department of Education will begin accepting applications for the Teacher Incentive Fund (TIF), a $200 million grant program to fund school districts' performance-based teacher compensation systems. Even in the face of the unprecedented budget crises battering our state, the availability of TIF funds opens up a unique opportunity to think creatively about how teachers are paid in California schools. Therefore, Policy Analysis for California Education (PACE) and Full Circle Fund organized a follow up to the March 2009 Conferences, to support a conversation among school districts and local teachers unions about new models of teacher compensation.