Blog: Funding

Illinois is spending more on pension costs than it is on K-12 or higher education.
How will COVID-19 affect teacher pension plans?
Florida is gambling away a secure retirement for teachers.
Recent increases in employer pension contributions have led to a reduction in teacher salary expenditures.
New generations are being asked to pay for the promises of the past.
If you want to attract and retain good teachers, it’s probably more worthwhile to think about increasing salaries than increasing benefits.
Is Missouri's teacher retirement plan one of the best in the nation? That depends on who's asking.
In Maryland, teacher pension spending increases inequities between high and low poverty school districts. The problem is only getting worse as the state's pension debt costs continues to grow. In 2018, Maryland spent approximately twice as much per pupil on teacher pension debt than it received in federal Title I funding. The state’s pension spending blunts the effect of federal education spending designed to provide greater support to high-poverty school districts. If Maryland were to improve the financial health of its teacher pension system, students attending high-poverty districts would receive greater per pupil funding overall even if the state didn’t increase the equity of its own school funding system.
An analysis of Illinois teacher salary data reveals that disparities in pay increase funding inequities most acutely in rural and urban districts.
California's investments in education--pension payments included--should be steered by principles of fairness and equity.