Teachers who separate have the option of keeping their funds in TRS and collecting a pension at a future date or withdrawing them (cashing out). We examine how variation in pension wealth at separation affects this decision, what that reveals about individual discount rates, and how these ...
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Determinants of Cashing Out: A Behavioral Analysis of Refund Claimants and Annuitants in the Illinois Teachers Retirement System This paper examines pension benefit choices made by public school teachers vested in the Illinois Teachers Retirement System (TRS) who quit teaching well b... MF Lueken,M...
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Cashing outDeals with the retirement benefits of ex-Congressmen. Information on the pension amount.Human Events
Unlock at your peril; (1) Cashing in a pension early can lead to ruin (2) MONEY MAIL.Kovac, Matt
street.Not only do Alex Somlyay, Peter Slipper and Warren Truss already earn good money, they would each receive life-long pensions of more than $90,000 a year if they lost their seats.Or they could opt to have the first decade of their pension paid out as soon as they leave office....