| Abstract |
We estimate that, between 2000 and 2020, the average initial monthly retirement benefit for teachers retiring with 30 years of service has been reduced by 11.2%, though the decline in benefits varies substantially across the states (the median reduction in the initial benefit was 1.9%). We also find that plans covering only teachers, and plans in which teachers are not in Social Security, have made smaller reductions in the generosity of their pension benefits. |
| Authors |
Nino Abashidze  , Robert L. Clark  , Lee A. Craig
|
| Journal Info |
Wiley | Industrial Relations , vol: 62
, iss: 4
, pages: 335 - 358
|
| Publication Date |
3/17/2023 |
| ISSN |
0019-8676 |
Type |
article |
| Open Access |
hybrid
|
| DOI |
https://doi.org/10.1111/irel.12329 |
| Keywords |
Teacher Performance Pay (Score: 0.536308)
|
