In honor of National Save for Retirement Week, we've created a Buzzfeed-style quiz to help you better understand teacher retirement plans and the issues around them.
Nearly half of all workers are not contributing to a retirement account. An estimated 3.65 million workers do not have access to an employer-provided retirement plan, and minorities are particularly vulnerable.
Recruitment is a key issue in the public pension debate. While pensions have virtually disappeared from the private sector over the past decade, almost all public sector employers still offer defined benefit pension plans. Public sector wages are offset by retirement benefits, and many argue that recent benefits cuts will affect worker retention and quality.
Public pension plans have ridden rising stock markets to their highest asset values ever. Yet, rising assets have not made much of a dent in the long-term unfunded debt. How could this be?
