Blog: Retirement Insecurity

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.
There's a common, widespread belief that the corporate shift from defined benefit pension plans to defined contribution 401k plans harmed retirement savings. This is a myth.
The majority of California's teachers would be better off in a cash balance plan than the state’s current pension plan.
Highlights in pension-related policy news and research from 2015.
Teacher pensions are too important to millions of teachers to let the usual “say anything” approach to education policy issues cloud the debate.