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Koedel, Cory; Podgursky, Michael; Shi, Shishan – Journal of Policy Analysis and Management, 2013
Teacher pension systems concentrate 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 the…
Descriptors: Teacher Effectiveness, Compensation (Remuneration), Teacher Employment Benefits, Teacher Retirement
Lewis, Tara; Teeter, Matt – ProQuest LLC, 2010
The purpose of this policy analysis was to examine the Missouri Public School Retirement System (PSRS). The team investigated the under-funding of PSRS, relating to sustainability and the feasibility of the system's use of one lever, contribution rate, to stabilize the retirement system, and to meet actuary needs and governmental requirements. The…
Descriptors: Public Schools, Teacher Retirement, Policy Analysis, Personnel Policy