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Download full textGoldhaber, Dan; Grout, Cyrus; Holden, Kris – National Center for Analysis of Longitudinal Data in Education Research (CALDER), 2015
Public pension systems in many U.S. states face large funding shortfalls. Movement toward defined contribution (DC) pension structures may reduce the likelihood of future shortfalls. We address some limitations of the existing literature by studying public-sector employees who are enrolled in either a defined benefit (DB) plan or hybrid DB-DC…
Descriptors: Retirement Benefits, Labor Turnover, Public Sector, Employees
