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Direct linkFitzpatrick, Maria D. – W. E. Upjohn Institute for Employment Research, 2015
In this paper, I document evidence that intergovernmental incentives inherent in public sector defined benefit pension systems distort the amount and timing of income for public school teachers. This intergovernmental incentive stems from the fact that, in many states, local school districts are responsible for setting the compensation that…
Descriptors: Teacher Salaries, Retirement Benefits, Incentives, Public Schools
