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Ni, Shawn; Podgursky, Michael; Wang, Xiqian – National Center for Analysis of Longitudinal Data in Education Research (CALDER), 2020
Many states enhanced benefits in teacher retirement plans during the 1990s. This paper examines the school staffing effects of one such enhancement in a major urban school district with mostly high poverty schools. Pension rule changes in 1999 for St. Louis public school teachers resulted in very large increases in pension wealth for active…
Descriptors: Urban Schools, School Districts, Teacher Retirement, Retirement Benefits