In the last week, there’s been a flurry of discussion around what the incoming Biden administration could do for student loan borrowers.
The fiscal woes of state pension systems are regularly in the news.
This week, Fordham released its latest report, an analysis of the three retirement options available for Ohio teachers.
Though not widely known, Ohio teachers have three retirement options: a traditional pension plan, a 401(k)-style defined contribution plan, and a hybrid plan that combines features of both. A large majority of teachers are in the pension plan—the result of either an affirmative choice or by default, not having selected a specific plan at the beginning of their careers.
