While it is generally understood that defined benefit pension systems concentrate benefits on career teachers, and impose costs on mobile teachers, there has been very little analysis of the magnitude of these features and patterns of variation between states. The authors develop a measure of implicit redistribution of pension wealth among…

This document represents the second of two volumes presented in "Study of the Impact of the Statewide Systemic Initiatives Program" (Norman L. Webb and Iris R. Weiss). In an effort to evaluate the impact of the Statewide Systemic Initiatives (SSIs) on student achievement and the lessons that could be learned from the National Science Foundation's…

The report examines trends in federal and Oklahoma state student financial aid programs and distribution since 1974-75, looks at issues in student aid policy formation, and makes recommendations for state policy development, information dissemination, and program design and delivery. It begins with background information and a brief history of…