As a percentage of their total compensation package,
teacher retirement benefits eat up twice as much as other workers (10.3 versus 5.3 percent).
As a percentage of the total compensation package,
teacher retirement benefits eat up more than twice as much as other workers» (11.6 percent versus 5.4 percent).
Not exact matches
There is considerable and growing evidence that 1) at least half of
teachers today will not qualify for even a minimum state pension
benefit; 2) state pension funds now carry roughly $ 500 billion in debt and are
eating up larger and larger shares of
teacher compensation; 3) most
teachers would have a more valuable
retirement if they participated in a traditional 401k plan; and, 4) today's
teachers, to their own financial detriment, subsidize the pension of currently retired
teachers.
In our new report, «The Pension Pac - Man: How Pension Debt
Eats Away at
Teacher Salaries,» we show that, like the proverbial Pac - Man, the rapidly rising costs of teacher retirement and insurance benefits are pushing out money that could be spent on salaries (Figure 1 from the
Teacher Salaries,» we show that, like the proverbial Pac - Man, the rapidly rising costs of
teacher retirement and insurance benefits are pushing out money that could be spent on salaries (Figure 1 from the
teacher retirement and insurance
benefits are pushing out money that could be spent on salaries (Figure 1 from the paper).