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Direct linkHansen, Janet – National Center on Performance Incentives, 2009
Like most other state and local government employees, teachers participate primarily in defined benefit pension plans whose benefits are based on final average salaries and length of service. Such pensions have been replaced in many private sector firms by defined contribution pensions. A number of questions have arisen about the feasibility and…
Descriptors: Private Sector, Teacher Retirement, Government Employees, Teacher Shortage
