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Using variation in federal pandemic-era fiscal aid to states driven by the strength of political representation, we find that incremental pandemic-era fiscal aid to states was most likely to end up in the categories of general administrative service spending and employee pension benefit funding....
Persistent link: https://www.econbiz.de/10014581773
Many US workers receive a large portion of their lifetime compensation in the form of retirement pensions. How do changes in pensions vis à vis salaries affect labor supply and retirement? This paper examines the retirement responses to a reform that changed salaries and pensions of public...
Persistent link: https://www.econbiz.de/10012900777
Public sector employees receive large fractions of their lifetime income in the form of deferred compensation. The introduction of the opportunity provided to Illinois public school employees to purchase additional pension benefits allows me to estimate employees' willingness-to-pay for benefits...
Persistent link: https://www.econbiz.de/10010951096
Unfunded public pension obligations represent the largest liability for state and local governments in the United States. As of fiscal year 2021, the total reported unfunded liabilities of these plans is $1.076 trillion. In contrast, the market value of the unfunded liability is approximately...
Persistent link: https://www.econbiz.de/10014238783
One of the most challenging issues in assessing teacher compensation is determining how much time teachers spend working compared to other professionals. Previous attempts to answer this question have used data that are either unreliable, not generalizable to other professions, or both. We use...
Persistent link: https://www.econbiz.de/10014125762
Underfunded pension are the largest liability for state and local governments across the United States. As a result of increasing recognition of the associated risks, recent statutory funding mandates led to a sharp increases in required contributions, threatening city services and employee...
Persistent link: https://www.econbiz.de/10014344825
Using variation in federal pandemic-era fiscal aid to states driven by the strength of political representation, we find that incremental pandemic-era fiscal aid to states was most likely to end up in the categories of general administrative service spending and employee pension benefit funding....
Persistent link: https://www.econbiz.de/10014481119
We examine ill-health retirement of police officers in England and Wales between 2002-3 and 2009-10. Differences in ill-health retirement rates across forces are statistically related to area-specific stresses of policing and force-specific differences in human resources policies. Reforms to...
Persistent link: https://www.econbiz.de/10010331009
We examine ill-health retirement of police officers in England and Wales between 2002-3 and 2009-10. Differences in ill-health retirement rates across forces are statistically related to area-specific stresses of policing and force-specific differences in human resources policies. Reforms to...
Persistent link: https://www.econbiz.de/10009725524
We examine the ill-health retirement of police officers in the forces of England and Wales between 2002-03 and 2009-10. Differences in ill-health retirement rates across forces are statistically related to area-specific stresses of policing and force-specific differences in human resources...
Persistent link: https://www.econbiz.de/10010969428