Blog: Funding

Wishing away pension funding problems won't change the fact that current plans are simply not delivering sufficient retirement benefits to the majority of the teaching workforce.
Unlike the rest of Illinois, Chicago only receives a small sliver of pension funding from the state.
Pension and other structural debts continue to eat away at district resources. CPS is counting on the state for relief.
Missouri’s teacher pension systems have shifted to riskier assets.
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.
Nationally, pension costs have more than doubled in the last decade, from about $500 per pupil in 2004 to over $1,000 today.
The latest Census data shows teacher benefits continue to chip away at school budgets.
A new “composite” pension plan may be worth a look as an alternative to traditional defined benefit and defined contribution plans.
Pension plans are opaque about how investment plan investment decisions are made, what sort of fees are paid on those investments, and how the investments perform over time.
The pension "crisis" is in the eye of the beholder, but teachers are paying the ultimate costs of our current system through lower base salaries and poor retirement security