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Hess, Frederick M.; Squire, Juliet P. – National Center on Performance Incentives, 2009
The tension at the heart of pension politics is the incentive to address today's claimants and focus on the here-and-now at the expense of long-term concerns and more dispersed constituencies. In the private sector, rules and regulations seek to tame corner-cutting and short-sighted behavior. In the public sector, the primary safeguard is the…
Descriptors: Teacher Effectiveness, Teacher Retirement, Public Officials, Labor Market