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Direct linkFurgeson, Joshua; Strauss, Robert P.; Vogt, William B. – Education Finance and Policy, 2006
The retirement behavior of Pennsylvania public school teachers in 1997-98 and 1998-99, a period when state early retirement incentives were temporarily increased, is modeled using a choice framework that emphasizes both pecuniary and nonpecuniary factors of the retirement decision under a defined benefit retirement plan. We find each to have large…
Descriptors: Teacher Salaries, Teacher Retirement, Incentives, Public School Teachers
