Underfunded Teacher Pension Plans: It’s Worse Than You Think

Released: 7/16/2010

To all the other fiscal travails facing this country’s states and largest cities, now add their pension obligations, which are far greater than they may realize or are willing to admit. This paper focuses on the crisis in funding teachers’ pensions, because education is often the largest program area in state budgets, making it an obvious target for cuts...
The full report is available here.