Like many professions, teaching is forever evolving. Due to several trends in the teaching force within the past forty years, the demographics of public school teachers have changed. Because many baby-boomers have reached retirement age, there has been an exodus of retiring teachers, which in turn has created a large number of open teaching…

When it comes to public-sector pensions, writes lead author Michael B. Lafferty in this report, "A major public-policy (and public-finance) problem has been defined and measured, debated and deliberated, but not yet solved. Except where it has been." As recounted in "Halting a Runaway Train: Reforming Teacher Pensions for the 21st…