Pensions
Teacher Pension Costs Triple Since 2001, Report Says
Research finds education retirement costs are significantly outpacing education spending.
Research finds education retirement costs are significantly outpacing education spending.
Incentive payout for 2018 was lowest amount in the past five years.
Blames regents for ‘policy flip flop’ and ‘political gamesmanship.’
The number of workers benefiting from state and local government pensions in 2016 rose 3.3% in 2016.
Over the past five years, investment returns added $1.2 billion to the state’s retirement system.