NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Teaching, Teachers Pensions and Retirement across Recent Cohorts of College Graduate Women

Maria D. Fitzpatrick

NBER Working Paper No. 22698
Issued in September 2016
NBER Program(s):Aging, Labor Studies

Labor force participation rates of college-educated women ages 60 to 64 increased by 20 percent (10 percentage points) between 2000 and 2010. One potential explanation for this change stems from the fact that fewer college-educated women in the more recent cohorts were ever teachers. This occupational shift could affect the length of women’s careers because teaching is a profession where workers are covered by defined benefit pensions and, generally, defined benefit pensions allow workers to retire earlier than Social Security. I provide evidence supporting the hypothesis and show that older college-educated women who worked as teachers do not experience increases in labor force participation as large as their counterparts who never taught.

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Document Object Identifier (DOI): 10.3386/w22698

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