This seven-section report examines the pension-related behavior of older public employees, particularly California teachers. Section I introduces the benefit option situation. Section II surveys previous studies focusing on the relationship between Social Security wealth and the probability of retirement. Section III describes the California State…

A study used data from the Employee Benefits Surveys conducted by the Bureau of Labor Statistics to examine the influence of employer-provided retiree health insurance on retirement decisions. The analysis found that most coverage is similar to that of active workers but takes Medicare into consideration, and requires retiring workers to meet…