The pension benefits for public school teachers (and most public employees) are far more generous than for private sector professionals. (educationnext.org)
The vast majority of private sector professionals have individual retirement savings accounts to which employers make a contribution. (educationnext.org)
Last year's stock market meltdown, which left many private sector professionals near retirement with inadequate savings, illustrates the problems associated with shifting these risks to employees. (educationnext.org)