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ERIC Number: ED510385
Record Type: Non-Journal
Publication Date: 2009-Feb
Pages: 49
Abstractor: As Provided
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Determinants of the Generosity of Pension Plans for Public School Teachers, 1982-2006. Conference Paper 2009-05
Clark, Robert L.; Craig, Lee A.
National Center on Performance Incentives, Paper prepared for "Rethinking Teacher Retirement Benefit Systems" (Nashville, TN, Feb 19-20, 2009)
We offer a concise history of teacher retirement plans in the United States, highlighting the increase in the generosity of the plans over the past 25 years. We employ data from plans in all fifty states to estimate the impact of a set of social and economic variables on the plans' replacement rates for a hypothetical teacher. We find that, at the state level, population growth and the share of the labor force that is unionized positively affect replacement rates; while expanding plan membership to include other state employees and participating in Social Security negatively affect replacement rates. Two appendix tables and bibliography are included. (Contains 3 figures, 6 tables and 10 endnotes.)
National Center on Performance Incentives. Peabody College of Vanderbilt University, PMB #43, 230 Appleton Place, Nashville, TN 37203. Tel: 615-322-5538; Fax: 615-322-6018; e-mail: ncpi@vanderbilt.edu; Web site: http://www.performanceincentives.org
Publication Type: Reports - Evaluative; Speeches/Meeting Papers
Education Level: Elementary Secondary Education
Audience: N/A
Language: English
Sponsor: University of Arkansas, Department of Education Reform
Authoring Institution: Vanderbilt University, National Center on Performance Incentives
IES Funded: Yes
Grant or Contract Numbers: R305A060034