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Costrell, Robert M.; Podgursky, Michael – Education Next, 2010
Teacher pensions consume a substantial portion of school budgets. If relatively generous pensions help attract effective teachers, the expense might be justified. But new evidence suggests that current pension systems, by concentrating benefits on teachers who spend their entire careers in a single state and penalizing mobile teachers, may…
Descriptors: Teacher Effectiveness, Public School Teachers, Retirement Benefits, Retirement