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When Teachers Choose DC Retirement Plans: The Florida Story (PDF)
Thomas B. Fordham Institute
Mar. 7, 2013 "[Findings include:] [1] [A quarter] to a third of new Florida teachers opted for the DC plan despite the fact that the DB plan was the default ... [2] teachers with more career options -- notably individuals with advanced degrees or math and science specialties -- are more apt to favor the DC plan.... [3] analysts found only a weak relationship between teachers' value added (to student achievement) and their choice of pension plans ... [4] many short-timers are using the DC option to leave with something rather than nothing[.]" MORE >> |
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