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Direct linkRoza, Marguerite; Jonovski, Jessica – Edunomics Lab, 2014
Teacher salary decisions are often made with little connection to the pension obligations they entail. In this paper, authors Marguerite Roza and Jessica Jonovski model the impacts of late-term raises on teacher pension obligations showing that on average each dollar raise triggers $10 to $16 in new taxpayer obligations. The authors provide…
Descriptors: Experienced Teachers, Teacher Salaries, Retirement Benefits, Taxes
