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Teacher Pension Systems, the Composition of the Teaching Workforce, and Teacher Quality. Working Paper 72
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Koedel, Cory; Podgursky, Michael – National Center for Analysis of Longitudinal Data in Education Research, 2012
Teacher pension systems target retirements within a narrow range of the career cycle by penalizing individuals who separate too soon or remain employed too long. The penalties result in the retention of some teachers who would otherwise choose to leave, and the premature exit of some teachers who would otherwise choose to stay. We examine how the…
Descriptors: Teacher Retirement, Retirement Benefits, Incentives, Teacher Effectiveness