Grants

North Carolina State University

To provide new insight into the work life transitions and key retirement-related decisions by older public sector employees

  • Amount $547,161
  • City Raleigh, NC
  • Investigator Robert Clark
  • Year 2013
  • Program Research
  • Sub-program Working Longer

This grant supports research by Robert Clark and Melinda Morrill of North Carolina State University that will study the labor market behavior of more than 875,000 public employees in North Carolina. Collaborating with the office of the North Carolina Treasurer, Clark and Morrill will investigate a series of four interrelated questions retirement in the public sector. One, how do older public employees prepare for this transition through saving for retirement? Two, how do older public employees determine their optimal retirement age from their career employer? Three, do those workers retiring from public employment move into complete retirement or extend their working life by seeking post-retirement work elsewhere? Four, how do individuals choose among annuity options within their defined benefit and defined contribution plans? The research plan involves analysis of administrative data, three employee and retirement surveys, and a field experiment that tests how information affects employees’ retirement savings behavior.

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