| 000 -LEADER |
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| fixed length control field |
01294nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
210702b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Quinby, Laura D. |
| 245 ## - TITLE STATEMENT |
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| Title |
Do deferred retirement benefits retain government employees? |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Place of publication, distribution, etc |
Journal of Policy analysis and Management |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
39(2), Spring, 2020: p.469-509 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
This study explores how deferred retirement benefits affect employee retention in the U.S. public sector. State government employees in Michigan transitioned from a defined-benefit pension with 10-year vesting to a defined-contribution plan with immediate vesting and less generous retiree health insurance benefits. Participation in either plan depends on date of hire, permitting a regression discontinuity research design. The shift away from generous deferred benefits caused a 5 percentage point decrease in the probability of remaining in state employment for at least a decade. The probability of leaving with four to nine years of tenure increased commensurately. Older professional workers were quite responsive to the design of their retirement benefits, whereas younger workers did not adjust their labor supply. – Reproduced |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Journal of Policy analysis and Management |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
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| Subject DIP |
RETIREMENT |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Item type |
Articles |
