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Clark, Robert L.; Craig, Lee A. – National Center on Performance Incentives, 2009
We offer a concise history of teacher retirement plans in the United States, highlighting the increase in the generosity of the plans over the past 25 years. We employ data from plans in all fifty states to estimate the impact of a set of social and economic variables on the plans' replacement rates for a hypothetical teacher. We find that, at the…
Descriptors: Teacher Retirement, Public School Teachers, Population Growth, Retirement Benefits