June 27, 2019

Media: “Democrats Want to Raise Teacher Pay. Here’s How the Government Can Really Help — By Promoting Pension Reform” in The 74 Million

By Bellwether

Share this article

My colleague Chad Aldeman and I have a new opinion piece out in The 74 Million. In it, we argue that many states are simply ill-equipped to address their rising teacher pension costs and mounting unfunded liabilities. We propose the federal government has a role to play here, by providing financial assistance in exchange for critical pension reforms:

…The federal government could offer states pension bailouts in exchange for changes that address longer-term systemic issues, such as meeting actuarially required contributions, using more conservative investment assumptions and implementing a risk-sharing pool for underfunded pension plans.

Read the full op-ed here. And check out our new report on teacher pension reform in West Virginia here.

More from this topic

Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
ErrorHere