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