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States face underfunded teacher pension shortfalls
Washington reports most states have underfunded teacher retirement funds, with gaps fueling political fights over reforms. Analysts cite a $660 billion nationwide shortfall. proposals include shifting to 401k plans, raised retirement ages, and longer vesting. Unions warn on cost, benefits, and recruitment.
MENTIONED IN THIS ARTICLE
Washington
National Council On Teacher Quality
Pew Center
Kansas
Sam Brownback
Kansas Public Employees Retirement System
California
Jerry Brown
Robert Bentley
Alabama
Alaska