This paper exploits a major, unanticipated reform of the California teachers' pension to provide quasi-experimental evidence on the link between pension generosity and retirement timing. Using two large administrative datasets, the author conducts a reduced-form analysis of the pension reform and estimates a structural model of retirement timing.…

This paper is about the funding status of teachers' retirement pension schemes. Its goal is to relate the accounting for the funding of these pension obligations to the endemic, systematic, and fundamentally fraudulent system of accounting our country uses to assess the financial positions of federal, state, and local government as well as many…

The impending retirement of the baby boom cohort could pose dramatic challenges for the U.S. labor force for at least two reasons. First, the boomers--adults born between 1946 and 1964--are large in number. Second, boomers are relatively well educated. In this report we develop and analyze occupational and labor force projections to the year 2018,…

Purpose: The purpose of this study was to describe and compare the similarities and differences between five key motivational factors: (a) new teacher induction, (b) noninduction mentor support in the early years of teaching, (c) salary and benefits, (d) working conditions, and (e) administrative support influential in retention of employment in…

In the State of California, an additional 100,000 teachers will be needed during the next 10 years to teach in K-12 schools (School Services of California, Inc., 2006), due both to population growth and the retirement of "Baby Boomers." This critical need to develop teachers in California will be mirrored in other states as well, and…

University business programs have been facing a growing dilemma concerning how to address increasing shortages of doctoral-level faculty. In this study, the authors examine the challenges facing business schools because of the identified shortage, especially in light of pending baby boomer retirements. With the California State University system…

America's demography in the new century will be affected by the aging baby boom generation and by new immigrants. Focus on just the national implications of aging baby boomers and the new immigrants is inadequate. This policy brief takes a regional perspective, examining recent trends and population statistics and making the case that aging baby…

As the United States population ages, employers face the possibility of a sustained retirement of the baby boom generation and a loss of their most experienced and knowledgeable employees. The public sector appears to be even more vulnerable, with an older-than-average workforce as well as a more traditional retirement system that encourages early…