Quantifying and explaining the decline in public schoolteacher retirement benefits
Bibliographic Data
| ID | 21334405 |
|---|---|
| Authors | Nino Abashidze (0009-0001-3083-2532, Haub School of Environment and Natural Resources University of Wyoming Laramie Wyoming USA), Robert L Clark (0000-0003-2947-2987, Department of Economics North Carolina State University Raleigh North Carolina USA, corresponding author), Lee A Craig (0000-0001-9811-6527, Department of Economics North Carolina State University Raleigh North Carolina USA) |
| Year | 2023 |
| Volume | 62 |
| Issue | 4 |
| Pages | 335-358 |
| Publication date | 2023-10-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Industrial Relations A Journal of Economy and Society (JOURNAL) |
| Journal identifiers | ISSN: 0019-8676 • E-ISSN: 1468-232X |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/irel.12329 |
| OpenAlex | W4327712050 |
| Language | EN |
| References cited | 31 |
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
Demographic economics · Economics · Generosity · Labour economics · Pension · Political science · Retirement age · Social security · Finance · Financial Literacy, Pension, Retirement Analysis · School Choice and Performance
The co-operative game theory of the firm
Political Institutions
Teacher Turnover
The Impact of Individual Teachers on Student Achievement
The Calculus of Consent
Institutions, Institutional Change and Economic Performance
The Restoration of Pure Monopoly and the Concept of the Industry
The Logic of Collective Action
Compensating Differentials for Pensions and Underfunding in the Public Sector
Egalitarianism and the Returns to Education during the Great Transformation of American Education
Worker Turnover in the 1920s
The Political Economy of Public-Private Compensation Differentials
A History of Retirement
From Home to Office
Polarization and Policy
Teacher Salaries and Teacher Unions
Pension and Welfare Plans
The National Labor Relations Board in Retrospect
| Highly cited | No |
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