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Evidence on the Relationship between Pension-Driven Financial Incentives and Late-Career Attrition: Implications for Pension Reform
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Dan Goldhaber; Cyrus Grout; Kristian L. Holden; Josh B. McGee – Online Submission, 2024
Retirement plans can create strong financial incentives that have important labor market implications, and many states have adopted alternative plan designs that significantly change these incentives. The authors use longitudinal data to investigate the impact of Washington State's 1996 introduction of a hybrid retirement plan on late-career…
Descriptors: Retirement Benefits, Incentives, Faculty Mobility, Teacher Employment Benefits