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Purcell, James; McGill, Robin; Brodeur, Philip; Hall, Erin – New England Journal of Higher Education, 2016
The relationship between employer and employee has changed significantly over the past 40 years. One of the greatest changes in this relationship is in the nature of employee retirement. While pension reform at public and private colleges has helped ensure institutional financial viability, retirement security for employees has declined. With the…
Descriptors: Retirement, Employees, Risk Management, Retirement Benefits
Johnson, Richard W.; Butrica, Barbara A.; Haaga, Owen; Southgate, Benjamin G. – Urban Institute, 2014
In 2011 Rhode Island replaced the stand-alone defined benefit pension plan it provided to state employees with a hybrid plan that reduced the defined benefit component and added a 401(k)-type, defined contribution component. Although controversial, the new hybrid plan will boost retirement incomes for most of the states public school teachers. Our…
Descriptors: Retirement Benefits, Teacher Retirement, Role, Employees