Sentences with phrase «decreasing pension wealth»

The current pension structure «pushes» teachers out of the system by decreasing pension wealth for every additional year a teacher chooses to stay in the classroom beyond normal retirement.

This can dramatically decrease her pension wealth in retirement.

Not exact matches

If she works another year, then her pension wealth will actually decrease by $ 7,411.

aging teachers by decreasing their overall pension wealth; every year that a teacher teaches beyond the normal retirement age is a year she forfeits pension payments.

Meanwhile, pensions are structured to push out aging teachers by decreasing their overall pension wealth; every year that a teacher teaches beyond the normal retirement age is a year she forfeits pension payments.

We find that annuity market participation increases with financial wealth, life expectancy, and education and decreases with other pension income and a possible bequest motive for surviving spouses.