In 49 states, a majority of teachers will not break - even and will receive future pension payments worth less than their own retirement contributions (see figure). (educationnext.org)
The employer is obliged to put aside sufficient savings to meet the expected future pension payments. (econofact.org)
Because pensions are based on an employee's final average salary, when districts increase salaries they're also increasing future pension payments. (teacherpensions.org)