Teaching, Teachers' Pensions, and Retirement across Recent Cohorts of College-Graduate Women
Chapter in NBER book Women Working Longer: Increased Employment at Older Ages (2018), Claudia Goldin and Lawrence F. Katz, editors (p. 217 - 238)
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.This chapter is no longer available for free download, since the book has been published. To obtain a copy, you must buy the book.
Order from Amazon.com
Users who downloaded this chapter also downloaded* these: