Growing Liability

By Martin Lueken

While much focus has been placed on the funding side of Connecticut’s retirement systems for public workers, there is another dimension: how these plans work for teachers and the incentives underlying these plans that can affect retirement behavior. This paper analyzes Connecticut’s pension plan for teachers from a labor market perspective, how pension benefits accrue for Connecticut teachers and how their underlying incentives are structured.

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This brief was originally published by the Yankee Institute of Public Policy.