NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Defined Benefit Pension Plan Distribution Decisions by Public Sector Employees

Robert L. Clark, Melinda S. Morrill, David Vanderweide

NBER Working Paper No. 18488
Issued in October 2012

---- Acknowledgements ----

This research was supported in part by a grant from the U.S. Social Security Administration (SSA) funded as part of the Financial Literacy Research Consortium. An earlier version of the paper was presented at the "Retirement Benefits for State and Local Employees: Designing Pension Plans for the Twenty-First Century" conference, which was funded by the Smith Richardson Foundation. The opinions and conclusions expressed herein are solely those of the authors and do not represent the opinions or policy of SSA, any agency of the Federal Government, the National Bureau of Economic Research, or any other institution with which the authors are affiliated. The authors would like to thank Olivia S. Mitchell, Thayer Morrill, and James Poterba for helpful comments.

---- Disclosure of Financial Relationships for David Vanderweide ----

David Vanderweide is employed in the Fiscal Research Division of the North Carolina General Assembly. The Fiscal Research Division is a non-partisan central staff agency that provides budget and tax-related analysis to all members of the General Assembly. He is also a member of the Teachers' and State Employees' Retirement System.

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