Resources

  • Alexander Volokh argues that the California Rule protecting government-worker pensions is legally permissible, but should be rejected nonetheless as a matter of policy.
  • If districts adopted retirement systems where benefits accrued smoothly year after year and increased the proportion of teacher compensation that is paid directly as salary, they could offer a more attractive compensation package to most teachers without the need for higher taxes or reduced services.
  • While Ohio has removed some of the teacher pension funding burden from school districts (and students), it now falls heavily on the shoulders of Cleveland’s newest teachers. (In effect, they are now being taxed to pay for the benefits of other current and past employees.) This report projects the city’s future retirement obligations and illuminates how retirement reform can help solve the pension-funding problem—and some of the accompanying challenges.
  • In March 2011, the nation watched as Wisconsin Governor Scott Walker signed into law the Wisconsin Budget Repair Bill, also known as Act 10. By limiting collective bargaining to wages only, this measure gave MPS the authority to modify its retiree health program, and the Badger State’s largest school system has since acted upon that authority. This paper analyzes and projects the future retirement obligations in Milwaukee and illuminates how retirement reform can help to solve the pension-funding problem.
  • While Ohio has removed some of the teacher pension funding burden from school districts (and students), it now falls heavily on the shoulders of Cleveland’s newest teachers. (In effect, they are now being taxed to pay for the benefits of other current and past employees.) This report projects the city’s future retirement obligations and illuminates how retirement reform can help solve the pension-funding problem—and some of the accompanying challenges.