Do Deferred Retirement Benefits Retain Government Employees?

Volume: 39, Issue: 2, Pages: 469 - 509
Published: Mar 1, 2020
Abstract
This study explores how deferred retirement benefits affect employee retention in the U.S. public sector. State government employees in Michigan transitioned from a defined-benefit pension with 10-year vesting to a defined-contribution plan with immediate vesting and less generous retiree health insurance benefits. Participation in either plan depends on date of hire, permitting a regression discontinuity research design. The shift away from...
Paper Details
Title
Do Deferred Retirement Benefits Retain Government Employees?
Published Date
Mar 1, 2020
Volume
39
Issue
2
Pages
469 - 509
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