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Download full textNi, 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
Costrell, Robert M.; Podgursky, Michael – National Center for Analysis of Longitudinal Data in Education Research, 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 effects. The authors develop a measure of implicit redistribution of pension wealth among teachers at varying ages of separation. Compared…
Descriptors: Teacher Retirement, Retirement Benefits, Faculty Mobility, Costs
