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Aldeman, Chad – Bellwether Education Partners, 2020
In response to financial pressures, the New York State Assembly has created new, less-generous retirement plans for teachers. Teachers and other education employees are enrolled in one of two plans, the Teachers' Retirement System of the City of New York (TRS) and the New York State Teachers' Retirement System (NYSTRS). How far have the benefits…
Descriptors: Teacher Employment Benefits, Retirement Benefits, Money Management, Teacher Salaries
Aldeman, Chad; Aguirre, Paulina S. Diaz – Bellwether Education Partners, 2017
Years of irresponsible budgeting practices have left the Teachers' Retirement System of Louisiana (TRSL) almost $12 billion in debt. Without significant reforms, Louisiana's pension problems are likely to get worse, with further negative consequences for workers and schools. This report shows that schools participating in the TRSL already must…
Descriptors: Teacher Retirement, Retirement Benefits, Teacher Salaries, State Programs