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Pension plans costing public school teachers thousands of dollars

Poorly structured policies implemented over the past few decades by states and cities are threatening retirement security for public school teachers, according to a new report published by Bellwether Education Partners.

By Lisa Barron | Updated on March 20, 2014

Poorly structured policies implemented over the past few decades by states and cities are threatening retirement security for public school teachers, according to a new report published by Bellwether Education Partners.

In “Friends without Benefits: How States Systematically Shortchange Teachers’ Retirement and Threaten Their Retirement Security,” authors Chad Aldeman and Andrew J. Rotherham estimate that half of all Americans who teach in public schools won’t qualify for even a minimal pension benefit, and less than one in five will remain long enough to earn a normal retirement benefit.

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