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Direct linkCostrell, Robert M.; McGee, Josh B. – Education Finance and Policy, 2010
The authors analyze the Arkansas teacher pension plan and empirically gauge the behavioral response to incentives embedded in that plan and to possible reforms. The pattern of pension wealth accrual creates sharp incentives to work until eligible for early or normal retirement, often in one's early fifties, and to separate shortly thereafter. We…
Descriptors: Retirement Benefits, Incentives, Decision Making, Teacher Motivation
