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Why Most Teachers Get a Bad Deal on Pensions
EducationNext Link to more items from this source
May 18, 2017

"States and school districts spend more than $50 billion each year on teacher pensions.... Despite the widely held belief that pensions entice teachers to stay on the job ... states base the financial health of their plans on the opposite assumption. State projections, based on historical data of teacher behavior, assume that pension eligibility does not encourage early-career teachers to stay on the job, and that pension rules push most veterans to leave as soon as they reach retirement age."

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