Public pension systems in many U.S. states face large funding shortfalls. Movement toward defined contribution (DC) pension structures may reduce the likelihood of future shortfalls. We address some limitations of the existing literature by studying public-sector employees who are enrolled in either a defined benefit (DB) plan or hybrid DB-DC plan, and who at some points have been able to choose between these plans.
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10 Sep 2015
The federal government recently directed states to develop plans to reduce inequity in the distribution of teacher quality across schools. Examination of data from Washington state suggests that prospective teachers’ student teaching positions are much more predictive of their first teaching positions than their hometowns, and that more qualified prospective teachers tend to student teach in more advantaged districts.
10 Sep 2015
A considerable amount of research exists on the mobility of teachers within states, but very little is known about the extent to which teachers move from employment in public schools in one state to another. This paper shows levels of cross-state mobility that are drastically lower than levels of within-state mobility, even when accounting for proximity to the border. These findings are consistent with the hypothesis that there are significant penalties to cross-state mobility that may be attributable to state-specific licensure regulations, seniority rules, and pension structures.