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Download full textCostrell, Robert M.; Podgursky, Michael – Urban Institute (NJ1), 2007
This paper examines the pattern of incentives for work versus retirement in five state teacher pension systems. We do this by examining the annual accrual of pension wealth from an additional year of work over a teacher's career. Accrual of wealth is highly nonlinear and heavily loaded at arbitrary years that would normally be considered…
Descriptors: Teacher Retirement, Exhibits, Retirement Benefits, Teacher Supply and Demand
