Tag: local pensions
The brief’s key findings are: This study examines the long-term effects of pension reforms on employer costs and on state budgets for a sample of 32 plans in 15 states. The results show: for most plans, the reforms fully offset or more than offset the impact of the financial crisis on the sponsors’ costs. for the sam…
The brief’s key findings are: Many public sector pension plans have recently cut pension benefits for new hires, thereby reducing compensation. The analysis looks at how such cutbacks could affect the quality of teachers. One proxy for teacher quality is the average SAT score at a teacher’s undergraduate institution. The analysis finds that school districts with higher…
