• Golden Handcuffs 

    Costrell, Robert M.; Podgursky, Michael John (Education Next, 2010)
    Teacher pensions consume a substantial portion of school budgets. If relatively generous pensions help attract effective teachers, the expense might be justified. But new evidence suggests that current pension systems, by ...
  • Peaks, Cliffs, and Valleys: The Peculiar Incentives in Teacher Retirement Systems and Their Consequences for School Staffing 

    Costrell, Robert M.; Podgursky, Michael John (American Education Finance Association, 2009)
    This article examines the pattern of incentives for work versus retirement in six state teacher pension systems. We do this by examining the annual accrual of pension wealth from an additional year of work over a teacher's ...
  • Teacher Retirement Benefits 

    Costrell, Robert M.; Podgursky, Michael John (Education Next, 2009)
    The ongoing global financial crisis is forcing many employers, from General Motors to local general stores, to take a hard look at the costs of the compensation packages they offer employees. For public school systems, ...