The retention effects of high years of service cliff-vesting pension plans

We study the retention effects of the Australian military’s decision to remove a 20-year cliff-vesting requirement from their retirement system in 1991. We follow to the present individuals who self-selected into and out of the 20-year cliff-vesting plan, as well as those who were forced out of the plan. Eliminating the high years of service cliff-vesting provision leads to consistently higher attrition over time.

MoreLess

Year of publication:	2015
Authors:	Cunha, Jesse M. ; Menichini, Amilcar A. ; Crockett, Adam
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 126.2015, C, p. 6-9
Publisher:	Elsevier
Subject:	Retention \| Cliff vesting \| Retirement

Online Resource

Check full text access |

More access options

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

subito order

I need help

More details

Type of publication:	Article
Classification:	J3 - Wages, Compensation, and Labor Costs ; H5 - National Government Expenditures and Related Policies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011189563