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Pension Choices and the Savings Patterns of Public School Teachers
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Goldhaber, Dan; Grout, Cyrus – Education Finance and Policy, 2016
This paper examines the savings behavior of public school teachers who are enrolled in a hybrid pension plan that includes a defined contribution (DC) component. Few states have incorporated DC features into teacher pension systems and little is known about how providing teachers with greater control over deferred compensation might affect their…
Descriptors: Retirement Benefits, Money Management, Teacher Salaries, Age Differences
The Long-Term Adequacy of Public School Pension Plans.
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Shapiro, Frieda S. – 1969
A serious problem for retired teachers is the decreasing buying power of their retirement benefit. Older teachers who have been retired for 10 years or more face serious economic problems because of low salaries in the past, weak benefit formulas, lost service credit by teachers who moved from one State to another during their teaching careers,…
Descriptors: College Faculty, Economic Change, Financial Needs, Government Employees