Blog: Pensions and Human Capital

COLA’s are just one small mechanism for adjusting pensions, but they can have a big impact on worker benefits over time.
Not all teachers can receive a full refund plus interest on their contribution. And for many, participating in the state system comes with other trade-offs.
A pension law that would have reduced benefits for city workers was ruled unconstitutional. The ruling is a tough blow for the city’s finances and could worsen the situation for new and future workers.
New Jersey teachers are still angry with Governor Chris Christie for shorting the pension fund and are now suing for $4 billion total in damages.
Illinois Governor Rauner's recent pension proposal tinkers around the edges but leave more fundamental problems in place.
For all the media attention over the pension cash crunch in Chicago, there been no mention about the benefits themselves, despite their severe inadequacy.
NCTQ and StudentFirst released a new fact sheet addressing the most common myths about pensions.
Teachers with ad hoc cost-of-living adjustments on their state pensions are at the mercy of the politics and whims of state legislators.
New Jersey public school teachers are protesting Christie's skipped pension payments, but should also consider how the system itself shortchanges their benefits.
While we tend to talk about the “teaching profession” as monolithic, there are significant differences across and within states.