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Goldhaber, Dan; Grout, Cyrus; Holden, Kristian; McGee, Josh – National Center for Analysis of Longitudinal Data in Education Research (CALDER), 2022
Over the last two decades, twenty-two states have moved away from traditional defined benefit (DB) pension systems and toward pension plan structures like the defined contribution (DC) plans now prevalent in the private sector. Others are considering such a reform as it is seen as a means of limiting future pension funding risk. It is important to…
Descriptors: Teacher Retirement, Retirement Benefits, Time, Labor Turnover