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Direct linkAarons, Dakarai I. – Education Week, 2008
Plunges in the stock market have taken a toll on the fortunes of the nation's pension funds for retired teachers and other public employees, with retirement systems nationwide reporting losses in the billions of dollars in recent weeks. The losses have worsened already-high unfunded obligations for plans that have promised more than $2 trillion in…
Descriptors: Teacher Retirement, Retirement Benefits, Financial Problems, State Government
