Partially this had to do with maintaining a very
expensive pension system for groups like the United Auto Workers.
Q: So people preferred something that was easier to understand, rather than something superior, and companies used that to shed a more
expensive pension system.
Not exact matches
In the 1990s, Sweden reformed its
pension system away from an
expensive defined - benefit
system to a defined - contribution
system in order to contain costs amid concerns that the former
system would be unsustainable as the population aged.
Last, since
pension costs are an
expensive mandate for local governments, Governor Cuomo has created a new tier in the state
pension system that would save local government's $ 79 billion over the next thirty years.
We also have to focus on reforming the public
pension system — one of the most
expensive mandates for local governments.
For example, management and political barriers often make it complex to build and share
expensive, pan-European research facilities, and a patchwork of vastly different
pension and social security
systems can make moving across borders very impractical or financially unattractive.
In studying the simple and immensely practical question of how charter schools handle teacher retirement when state law allows them to opt out of the state's
pension system, Podgursky and Olberg examine just how much rethinking charters are doing when it comes to the familiar,
expensive, and binding routines of schooling — and what lessons that holds for schools more broadly.
The 74 Aldeman: How La.'s Teacher
Pension System Can Be Both Crushingly
Expensive and Not Very Good for Educators
Oregon has the most
expensive public employee health insurance on the West Coast and its public employee
pension system is grappling with a $ 22 billion unfunded liability.
A hybrid
system will still be available to those employees that want a combination
pension and 401 (k), but it'll be more
expensive for the teacher.
Today, Louisiana has one of the most
expensive teacher
pension system in the country — and also one of the least generous.
We evaluated the state
pension systems in all 50 states and Washington, D.C. Overall, we found that states have
expensive, debt - ridden retirement
systems in which most teachers fail to qualify for a decent retirement benefit.