Quantifying and explaining the decline in public schoolteacher retirement benefits

IF 2.4 3区管理学 Q2 INDUSTRIAL RELATIONS & LABOR

Industrial Relations Pub Date : 2023-03-17 DOI:10.1111/irel.12329

Nino Abashidze, Robert L. Clark, Lee A. Craig

引用次数: 0

Abstract

We estimate that, between 2000 and 2020, the average initial monthly retirement benefit for teachers retiring with 30 years of service has been reduced by 11.2%, though the decline in benefits varies substantially across the states (the median reduction in the initial benefit was 1.9%). We also find that plans covering only teachers, and plans in which teachers are not in Social Security, have made smaller reductions in the generosity of their pension benefits.

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量化和解释公立学校教师退休福利的下降

我们估计，在2000年至2020年间，退休教师的平均初始月退休福利为30 服务年限减少了11.2%，尽管各州福利的下降幅度差异很大（初始福利的中位数下降了1.9%）。我们还发现，仅涵盖教师的计划和教师没有社会保障的计划，在养老金福利的慷慨程度上减少得较小。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Industrial Relations INDUSTRIAL RELATIONS & LABOR-

CiteScore

4.40

自引率

8.70%

发文量

期刊介绍： Corporate restructuring and downsizing, the changing employment relationship in union and nonunion settings, high performance work systems, the demographics of the workplace, and the impact of globalization on national labor markets - these are just some of the major issues covered in Industrial Relations. The journal offers an invaluable international perspective on economic, sociological, psychological, political, historical, and legal developments in labor and employment. It is the only journal in its field with this multidisciplinary focus on the implications of change for business, government and workers.