Why most teachers get a bad deal on pensions
State plans create more losers than winners, and many get nothing at all.
States and school districts spend more than $50 billion each year on teacher pensions, the keystone in teacher compensation packages. In theory, they provide a generous and secure pot of gold at the end of a teacher’s career, which serves as an incentive to stay on the job. But in reality, they fail to deliver on both of those promises. Read more at EducationNext…
