Public Education Impacted by Pension Problems. 3 Pieces Informed Intel.

  • Eerie, PA pension costs trippled in 5 years, schools cannot afford basic items like textbooks or roofs without leaks
  • CALPERS & CALstrs have reduced 20 year return rates to roughly 7%
  • The pension woes are blamed for reduction in teacher jobs and job seekers

Fortune | The Ugly Ways the Pension Crisis Is Affecting Your Kids’ School

Wall Street Journal | Why Pensions’ Last Defense Is Eroding