This study examines the prevalence, costs, and deferred compensation levels associated with pension plan benefit enhancement provisions often referred to as pension padding or spiking. Due to the difficulty to obtain data, three diverse sources of evidence are used: (1) an examination of reports...

State K-12 education defined benefit (DB) retirement plans have received renewed attention for severe under funding problems. Less attention has been given to the benefit side of plans that often incorporate behavioral incentives contributing to under funding problems. To extend understanding of...