NotesFAQContact Us
Collection
Advanced
Search Tips
Back to results
ERIC Number: ED587180
Record Type: Non-Journal
Publication Date: 2015-Sep
Pages: 49
Abstractor: As Provided
ISBN: N/A
ISSN: N/A
EISSN: N/A
Pension Structure and Employee Turnover: Evidence from a Large Public Pension System. Working Paper 142
Goldhaber, Dan; Grout, Cyrus; Holden, Kris
National Center for Analysis of Longitudinal Data in Education Research (CALDER)
Public pension systems in many U.S. states face large funding shortfalls. Movement toward defined contribution (DC) pension structures may reduce the likelihood of future shortfalls. We address some limitations of the existing literature by studying public-sector employees who are enrolled in either a defined benefit (DB) plan or hybrid DB-DC plan, and who at some points have been able to choose between these plans. We find little evidence that the introduction of the hybrid plan increased employee turnover and that turnover is significantly lower among those who transferred from the DB plan to the hybrid plan.
National Center for Analysis of Longitudinal Data in Education Research. American Institutes for Research, 1000 Thomas Jefferson Street NW, Washington, DC 20007. Tel: 202-403-5796; Fax: 202-403-6783; e-mail: info@caldercenter.org; Web site: https://caldercenter.org
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: Bill and Melinda Gates Foundation; Institute of Education Sciences (ED); Laura and John Arnold Foundation
Authoring Institution: National Center for Analysis of Longitudinal Data in Education Research (CALDER) at American Institutes for Research
Identifiers - Location: Washington
IES Funded: Yes
Grant or Contract Numbers: R305C120008