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Toutkoushian, Robert K.; Bathon, Justin M.; McCarthy, Martha M. – Journal of Education Finance, 2011
Although benefits can be a sizable part of an educator's total compensation, there has been little scholarly inquiry into the state pension plans for educators. Despite the fact that all defined benefit plans rely on the same basic formula for calculating annual pensions, they vary across states in the multiplier used, the method for calculating…
Descriptors: Retirement, Labor Market, Retirement Benefits, Cost Effectiveness