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Costrell, Robert M.; McGee, Josh B. – National Center on Performance Incentives, 2009
In this paper, we present an analysis of the Arkansas Teacher Retirement System (ATRS) pension plan and an empirical investigation of the behavioral response to that plan, as well as to a possible reform plan. We begin by describing the plan parameters and discussing the incentives these parameters create. We then estimate the effect of pension…
Descriptors: Teacher Retirement, Retirement Benefits, Probability, Educational Change