NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Supplemental Plan Offerings and Retirement Saving Choices: An Analysis of North Carolina School Districts

Robert L. Clark, Emma Hanson, Melinda Sandler Morrill, Aditi Pathak

NBER Working Paper No. 21382
Issued in July 2015
NBER Program(s):   AG

Unlike private sector employers, public school districts generally offer more than one type of supplemental retirement savings plan and allow multiple vendors to offer products. Using individual-level payroll data from over half of the public school districts in North Carolina coupled with data from an employer survey, this study examines the impact of inter-district differences in supplemental plan administration on participation in these savings vehicles. We find wide variation in total participation rates and in 403(b) plan participation rates in particular, even among this population of public-sector workers with the same defined benefit pension plan, health plan, and retiree health coverage. Individual and district characteristics explain some, but not all, of the variation observed.

You may purchase this paper on-line in .pdf format from SSRN.com ($5) for electronic delivery.

Access to NBER Papers

You are eligible for a free download if you are a subscriber, a corporate associate of the NBER, a journalist, an employee of the U.S. federal government with a ".GOV" domain name, or a resident of nearly any developing country or transition economy.

If you usually get free papers at work/university but do not at home, you can either connect to your work VPN or proxy (if any) or elect to have a link to the paper emailed to your work email address below. The email address must be connected to a subscribing college, university, or other subscribing institution. Gmail and other free email addresses will not have access.

E-mail:

The NBER Bulletin on Aging and Health provides summaries of publications like this.  You can sign up to receive the NBER Bulletin on Aging and Health by email.

Supplementary materials for this paper:

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w21382

Published:

Users who downloaded this paper also downloaded* these:
Clark, Hanson, and Mitchell w21385 Lessons for Public Pensions from Utah’s Move to Pension Choice
Stiglitz w21327 The Measurement of Wealth: Recessions, Sustainability and Inequality
Neumark, Song, and Button w21379 Does Protecting Older Workers from Discrimination Make It Harder to Get Hired? Evidence from Disability Discrimination Laws
Guvenen, Kuruscu, Tanaka, and Wiczer w21376 Multidimensional Skill Mismatch
Collins and Wanamaker w21384 The Great Migration in Black and White: New Evidence on the Selection and Sorting of Southern Migrants
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us