Peaks, Cliffs and Valleys [electronic resource] : The Peculiar Incentives in Teacher Retirement Systems and their Consequences for School Staffing / Robert M. Costrell and Michael Podgursky.
This paper examines the pattern of incentives for work versus retirement in five state teacher pension systems. We do this by examining the annual accrual of pension wealth from an additional year of work over a teacher's career. Accrual of wealth is highly nonlinear and heavily loaded at arbit...
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Format: | Electronic eBook |
Language: | English |
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2007.
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Internet
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ED499007
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ED499007 | Available |