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Direct linkKoedel, 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
