Cross-subsidization of teacher pension benefits: the impact of the discount rate
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DOI: 10.1017/s1474747218000239
Abstract: Abstract This paper builds on previous work (Costrell and McGee, 2017a, Education Finance and Policy) on the redistribution of teacher pension benefits, as measured by the wide variation in individual normal cost rates by age… read more here.
Keywords: pension; teacher pension; impact discount; discount rate ... See more keywords
The Long-Term Solvency of Teacher Pension Plans: How We Got to Now and Prospects for Recovery
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DOI: 10.3102/0013189x221093352
Abstract: The COVID-related financial market decline and economic recession have raised new concerns regarding the financial sustainability of retirement plans for state and local government employees, the largest group of whom is public school teachers. Using… read more here.
Keywords: long term; pension; teacher pension; solvency teacher ... See more keywords