America’s teacher-pension systems (with up to a trillion dollars in unfunded liabilities according to some estimates) present a raging public-policy dilemma. Career teachers absolutely deserve a secure retirement, but lawmakers promised them benefits that the system cannot afford, as those promises were based on short-term political considerations and bad math. Now the bill is coming due, and someone’s going to get soaked.
What’s the least bad option going forward? Who should bear the brunt of this legacy of fiscal irresponsibility? Current retirees? Today’s teachers? New teachers? School districts? Taxpayers? The students themselves?
Register now to join the Thomas B. Fordham Institute and the National Council on Teacher Quality for a timely look at the teacher-pension crisis and various state efforts to address it.
|Sandi Jacobs, vice president and managing director of state policy, National Council on Teacher Quality|
|Josh B. McGee, vice president of public accountability, Laura and John Arnold Foundation|
|Charles Zogby, secretary of the budget, Pennsylvania|
|Leo Casey, executive director, Albert Shanker Institute|
|Chester E. Finn, Jr., president of the Thomas B. Fordham Institute|