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Direct linkCostrell, Robert; Podgursky, Michael – National Center on Performance Incentives, 2009
While it is generally understood that defined benefit pension systems concentrate benefits on career teachers, and impose costs on mobile teachers, there has been very little analysis of the magnitude of these features and patterns of variation between states. The authors develop a measure of implicit redistribution of pension wealth among…
Descriptors: Teacher Retirement, Retirement Benefits, Costs, Faculty Mobility
