A feature, not a bug:
traditional public pension system puts taxpayers on hook when market slumps.
Not exact matches
The comptroller's numbers make it clearer than ever that the
traditional public -
pension system has exposed New York taxpayers to intolerable levels of financial risk and volatility.
Public school teachers are almost universally covered by
traditional defined benefit
pension systems.
In terms of retirement, the Miami - Dade County
Public Schools teachers in voting districts 1 and 2 are particularly vulnerable if they remain in the
traditional state
pension system.
Teachers in
traditional public schools participate in the Teachers Retirement
System of Louisiana, which provides a set
pension after they work a certain number of years.