June 2019

A new analysis of West Virginia's teacher pension reform reveals the state's missteps and offers critical lessons for other states looking to address their teacher pension problems.
In a new report we modeled the wealth accumulation for teachers in West Virginia's pension fund, before and after its reform, as well as the intervening DC plan. We found that all of the plans were poorly constructed from the outset and fail to provide a significant retirement benefit to a majority of West Virginia’s educators
As of 2017, 28 states were spending less on teacher salaries than they did 10 years prior.
How do teacher pension plans work? Read this deck to get answers to your questions.