Blog: Retirement Insecurity

Should we care about individual workers’ lived experiences in a given profession, or should we take a snapshot of the current workforce as representative of all those who experience it?
In a country were 76 percent of teachers are women, we’d expect to see females as lead earners in a state’s public school system. But that isn’t the case, and that same gender wage gap extends into retirement.
Why does Florida default all of its teachers into a retirement plan that only works for a small percentage of them?
State politicians created large pension debts, and it's unfair to ask school districts, especially charter schools, to bear the budgetary burden of those costs.
Shirley Ben-Ami was a teacher for nearly 35 years. She taught fourteen and half years in the New York City Public Schools and spent the last 20 years in Montgomery County, Maryland. In the following interview Ms. Ben-Ami talks about her experiences in the classroom and when it was time for her to retire.
While nearly all of us could benefit from a brush-up on retirement saving practices, teacher-specific advice is hard to come by. To better understand how best to tackle the unique challenges educators face, I connected with NerdWallet's Arielle O'Shea.
Saving for retirement is hard enough, but states are forcing teachers into complex decisions about how much their pension might be worth in the future. Data from Illinois suggests many teachers are struggling with those decisions.
As state and local policymakers seek to expand pre-k opportunities and improve support for early childhood teachers, they must also ensure educators are given a viable path to save for retirement.
Charter schools should think about how to provide retirement benefits that more closely match their workforce.
It doesn't make a whole lot of sense to prioritize one year of teaching over another. But that's exactly what teacher pensions do.