Randi Weingarten, the President of the American Federation of Teachers, used her monthly paid advertisement in The New York Times to talk about retirement, but she didn't use the opportunity to call for better benefits for public school teachers.
For the average full-career state worker, traditional defined benefit plans are working quite well. But these are the relative winners of the pension lottery, and all other participants are losing out.
The Brown Center on Education Policy at Brookings released two papers examining pension reform efforts across the nation. A presentation of the papers’ findings and a panel discussion followed. Read our picks for the best live tweets in response to the discussion.
San Jose Mayor Chuck Reed is sponsoring a statewide ballot initiative that would change California’s constitution to allow state and city governments to make prospective changes to retiree benefits. To better understand the initiative and why he’s sponsoring it, I spoke with Mayor Reed.