Lawmakers, who are often close allies with public - sector unions, typically offer a variety of state or municipal pension enhancements although few actually become law each year. (timesunion.com)
In a recent paper, economists Cory Koedel, Shawn Ni, and Michael Podgursky analyzed who benefitted from a series of pension enhancements in Missouri in the late 1990s and early 2000s and by how much. (teacherpensions.org)
This working paper from the Center for Analysis of Longitudinal Data in Education Research (CALDER), however, could not find any evidence that this theory played out after St. Louis enacted a large pension enhancement for public school teachers. (teacherpensions.org)