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Direct linkGoldhaber, Dan; Holden, Kristian L. – Educational Researcher, 2023
How much do teachers value compensation deferred for retirement (CDR)? This question is important because the vast majority of public school teachers are covered by defined benefit pension plans that "backload" a large share of compensation to retirement relative to the compensation structure in the private sector, and there is scant…
Descriptors: Teacher Retirement, Teacher Employment Benefits, Retirement Benefits, Compensation (Remuneration)
Download full textGoldhaber, Dan; Holden, Kristian L. – National Center for Analysis of Longitudinal Data in Education Research (CALDER), 2020
How much do teachers value compensation that is deferred until retirement? This question is important because the vast majority of public school teachers are covered by defined benefit (DB) pension plans that "backload" a large share of compensation to retirement relative to the compensation structure in the private sector. There is…
Descriptors: Compensation (Remuneration), Retirement Benefits, Teacher Retirement, Teacher Attitudes
Goldhaber, Dan; Grout, Cyrus; Holden, Kristian – National Center for Analysis of Longitudinal Data in Education Research (CALDER), 2020
Defined benefit (DB) pension systems determine the size of pension payments using an employee's "final average salary". Thus, employees enrolled in DB pension systems face an incentive to "salary spike" -- strategically increase late career pensionable compensation -- to increase their retirement income. This is an important…
Descriptors: Retirement Benefits, Teacher Retirement, Teacher Salaries, Incidence
