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.
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.
New research from the Urban Institute compares the value of a teacher's contributions to a teacher's
overall pension wealth.
Not exact matches
In addition to declining Social Security replacement rates, which are a component of the total replacement rate, lower participation in relatively generous DB private
pensions and longer life spans over which accumulated
wealth must be spread contribute to lower
overall replacement rates in 2040.