Most public school teachers in the United States are covered by traditional defined benefit
(DB) pensions designed to reward long service. Numerous recent studies, including several …

Most US public school teachers participate in defined benefit retirement plans, which base
benefits on years of service and their last few years of salary. These plans are often …

While the retirement security landscape has changed drastically for most workers over the
last twenty years, traditional defined benefit (DB) pension plans remain the overwhelming …

How much do teachers value compensation deferred for retirement (CDR)? This question is
important because the vast majority of public school teachers are covered by defined benefit …

All states provide pension plans to their teachers and civil servants; however, these plans
vary across the states. We present a history of the development of teacher retirement plans …

“Backloading” refers to the fact that under a typical DB pension, the longer an employee
works in the same retirement system, the faster the growth in retirement benefits in relation to …

In this descriptive paper we detail the structure of two Washington State teacher retirement
plans: a traditional defined benefit plan and a hybrid defined benefit-defined contribution …

Most public school teachers in the United States are enrolled in defined benefit (DB)
pension plans. Using administrative microdata from four states, combined with national …

About 5 million state and local government workers, including 1.2 million public school
teachers concentrated in 15 states, are not enrolled in Social Security. In order to ensure that …

The rising costs and large unfunded liabilities of defined benefit (DB) teacher retirement
systems raise questions about their efficacy and viability. Reform of teacher pension plans …