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Download full textHess, Frederick M.; Squire, Juliet P. – Policy Review, 2010
The vast majority of public employees--including teachers--are enrolled in defined-benefit pension plans. These plans are usually the product of state legislation that determines eligibility, benefit formulas, employer and employee contributions, and how payments will be calculated when an employee retires or leaves the system. Once an employee…
Descriptors: Teaching (Occupation), Elementary Secondary Education, Public School Teachers, Retirement Benefits
