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Direct linkCostrell, Robert M.; Podgursky, Michael – Education Finance and Policy, 2010
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 effects. The authors develop a measure of implicit redistribution of pension wealth among teachers at varying ages of separation. Compared…
Descriptors: Teacher Retirement, Educational Finance, Retirement Benefits, Costs
