Tag: teacher pensions

Firefighter,Helmet,And,Protection,Coat,Hanging,In,The,Fire,Station

Abstract This study examines whether pension cuts affecting current public employees encourage mid-career teachers and civil servants to separate from their employers. The analysis takes advantage of a 2005 reform to the Employees’ Retirement System of Rhode Island (ERSRI) that dramatically reduced the generosity of benefits for current workers. Importantly, the cuts applied only to…